Question 11 of 12 -/10 E View Policies Current Attempt in Progress Sandhill Inc. obtained significant influence over Wildhorse Corporation by buying 42% of Wildhorse 31,900 outstanding shares common stock at a total cost of $12 per share on January 1, 2022. On June 15 Wildhorse declared and paid a cash dividend of $32,100. On December 31 Wildhorse reported a net income of $145,000 for the year. Prepare all the necessary journal entries for 2022 for Sandhill Inc. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Save for Later Attempts: 0 of 1 used Submit