On March 1, 2019, Cool Inc. paid $960,000 to acquire a 35 percent investment in Mint Ltd. After one year, Mint Ltd. reported net income of $260,000 for the first year and declared and paid cash dividends of 554,000. Record the following entries in Cool's general journal 1. The purchase of the investment (excluding any brokerage commission fees). 2. Cool's proportion of Mint Ltd's net income on February 29, 2020 3. Receipt of the cash dividends on March 1.2020 1. Record the purchase of the investment (excluding any brokerage commission fees). (Record debits first, then credits. Explanations are not required.) Date Accounts and Explanation Debit Credit 2019 Mar. 1 2. Record Cool's proportion of Mint Ltd's net income on February 29, 2020 Date Accounts and Explanation Debit Credit 2020 Feb. 29 estion H. JE . Date Accounts and Explanation Debit Credit 2020 Feb. 29 3. Record the receipt of the cash dividends on March 1, 2020 Date Accounts and Explanation Debit Credit Mar. 1 Choose from any list or enter any number in the input fields and then connue to the next