Required information [The following information applies to the questions displayed below.] The following information pertains to Rossow Corporation and its investee Reimer Company: a. Rossow purchased 2,900 shares of Reimer on July 12,2021 , for $133,400; b. Reimer reported $33,000 net income on December 31,2021 ; c. Reimer's stock price was $53 on December 31, 2021; d. Reimer declared and paid a $2 per share cash dividend on May 1,2022 ; e. Reimer reported $33,000 net income on December 31,2022 ; and f. Reimer's stock price was $49 on December 31, 2022. equired: Prepare journal entries to record the facts in the case, assuming Rossow owns less than 10 percent of Reimer's stock. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the purchase of 2,900 shares of Reimer Company for $133,400. The company reports the purchase as marketable equity securities B Record the $33,000 net income reported by its investee, Reimer Company, on December 31, 2021. C Record the valuation adjustment, if required, assuming the fair value of Reimer Company's stock on December 31,2021 is $53 per share. D Record the receipt of cash dividends on May 1, 2022 of $2 per share. E Record the $33,000 net income reported by its investee, Reimer Company, on December 31, 2022. F Record the valuation adjustment, if required, assuming the fair value of Reimer Company's stock on December 31,2022 is $49 per share. Note : = journal entry has been entered