On January 1, 2020, Lincoln Company purchased 60,000 shares of Omaha Company $10 par common stock for $38 per share. During 2020, Omaha paid total dividends of $500,000 and reported net income of $800,000. Omaha stock was trading for $40 per share on December 31, 2020. During 2021, Omaha paid total dividends of $80,000 and reported net loss of $300,000. Omaha stock was trading for $36 per share on December 31, 2021. Instructions: a. Prepare all necessary journal entries for 2020 and 2021 if Omaha has 600,000 shares of common stock outstanding. b. Prepare all necessary journal entries for 2019 and 2020 if Omaha has 200,000 shares of common stock outstanding.