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Current Attempt in Progress

On January $1,$ Tamarisk Corporation purchased $35\%$ of the outstanding shares of Selig Company for $$182,400.$ At December $31,$ Selig declared and paid a $$48,000$ cash dividend and reported net income of $$76,800.$

Ph$.$ Thenecessary lournal entries for Tamarisk Corporation. foredit account titles are automatically indented when the amount is enterm. Do not indent manualiy. List all debit entries beforevedit entries. Record journal entries in the order presented in the problem.$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Debit,Credit$],[,$Gin on Sale of Debt linestments,,$],[,200,,],[,,,],[,,,]]$

$($To record dividends received$)$

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