Paste B J U - A EE Undo Clipboard Font Alignment A4 X V fx On January 2, 2018, Killeen Nurseries Inc. bought 5% of Creasote A B C D E F G H 1 Equity Investments; Fair Value vs Equity Method 2 3 On January 2, 2018, Killeen Nurseries Inc. bought 5% of Creasote's capital stock for $103 million. Creasotes's net income for the year ended December 31, 2018, was|133 million. The fair value of the shares held by Killeenn was $124 million at December 31, 2018. During 2018, Creasote 4 declared a dividend of $66 million. If no entry is neded, place N\\A on Journal. un 6 Required: 7 1. Prepare all appropriate journal entries related to the investment