need help with this! Listed below are a few events and...
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need help with this! 
Listed below are a few events and transactions of Kodax Company. Year 1 January 2 Purchased 40,000 shares of Grecco Conpany conson stock for $431, eoe cash. Grecco has 120 , o0e shares of connon stock outstanding. and its octivities will be significantly influenced by kodax. September: 1 Girecco declared and paid a cash dividend of $1.70 per share. December 31 Grecco announced that net incone for the year is $489,900. Year 2 Jume 1 drecco declared and pald a cash dividend of $1.70 per share. Dece-ber 31 drecco annoynced that net incooe for the year is $705,400. Decenber 32 Kodax sold 9 , 000 shares of Grecco for $160, 000 cash. Prepare jourmat entries to record the above transactions and events of Kodax. Company (Do not round intermediate calculations an round your final answers to the nearest dollar amount.)
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