Question: please help me finish the journal entry for when Selk sold 3% (equal go 2,100 shares) of its investment in kildare for 67,700 cash. Selk

please help me finish the journal entry for when Selk sold 3% (equal go 2,100 shares) of its investment in kildare for 67,700 cash.
please help me finish the journal entry for when Selk sold 3%
(equal go 2,100 shares) of its investment in kildare for 67,700 cash.
Selk Steel Company, which began operations in Year 1, had the following
transactions and events in its long-term investments. Year 1 January 5 Selk

Selk Steel Company, which began operations in Year 1, had the following transactions and events in its long-term investments. Year 1 January 5 Selk purchased 70,000 shares (208 of total) of Kildaire's conmon stock for $2,030,000. October 23 Kildaire declared and paid a cash dividend of $3.80 per share. December 31 Kildaire's net income for the year is $1,178,000, and the fair value of its stock at December 31 is $37 per share. Year 2 October 15 Kildaire declared and paid a cash dividend of \$3.50 per share. December 31 Kildaire's net income for the year is $1,177,000, and the fair value of its stock at December 31 is $39 per share. Year 3 January 2 Selk sold 38 (equal to 2,100 shares) of its investment in Kildaire for $67,700 cash. Prepare journal entries to record these transactions and events for Selk. repare journal entries to record these transactions and events for Selk. Selk sold 3% (equal to 2,100 shares) of its investment in Kildaire for $67,700 cash. Note: Enter debits before credits

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