please solute with calculation

On January 1, Year 4 Post purchased 35% of the outstanding voting shares of Stamp Inc. for $200,000. Stamp's Balance Sheet on that date is shown below: Cash 300,000 Accounts Receivable 00,000 inventory 20,000 Equipment 250 000 Total Assets $650,000 Accounts Payable 200,000 Common Stock 250,000 Retained Earnings 200 000 Total Liabilities and Equityr $050,000 Stamp's carrying values equaled their fair market values on the acquisition date, with the exception of the equipment, which had a fair market value of $310,000 and the inventory, which had a fair market value of $30,000. The equipment had a remaining useful life of four years from the acquisition date. The equipment is being amortized on a straightline basis. Stamp reported Net Incomes of $60,000 and $55,000 for Year 4 and Year 5 respectively. Stamp also paid dividends of $20,000 and $30,000 for Year 4 and Year 5 respectively- In Year 5 there was a goodwill impairment loss equal to 10% of the goodwill created at acquisition date- Required: a) Prepare the journal entries for Year 4 and Year 5. (8 marks} b) Prepare the joumal entry, if necessary, if the recoverable amount of 35% of investment in Stamp was $220,000 at January 10, Year 0 and the drop was considered a permanent decline. If no journal entry is required, briefly explain why- (2 marks]