Exercise 15-12 Securities transactions; equity method LO P4 Listed below are a few events and transactions of Kodax Company. 2017 Jan. 2 Purchased 27,300 shares of Grecco Co. common stock for $415,000 cash plus a broker's fee of $3,700 cash. Grecco has 78,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Greceo declared and paid a cash dividend of $2.20 per share. Dec. 31 Grecco announced that net income for the year is $497,400 2018 June 1 Grecco declared and paid a cash dividend of $2.80 per share. Dec. 31 Grecco a Dec. 31 Kodax sold 13,000 shares of Grecco for $355,000 cash. ced that net income for the year ie $717,900 Prepare journal entries to record the above transactions and events of Kodex Company. (Do not round intermediate calculations and round your final answers to the nearest dollar amount.) Journal entry worksheet al