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Instructions Forte Inc. produces and setter set designs and costumes. The company began operations on January 1, 2016. The following transactions relate to sociales coured by Forte Inc, which has a fiscal year ending on December 31 2070 Jan 10 Purchased an influential interest in Imboden inc 8085/60.000 by purchasing 49,000 sharos directly from the estate of the founder of Imboden inc There are 300.000 shares of imbodon Inc stock outstanding Dec 31 Received $57.800 of cash dividends on imboden Inc stock Imboden inc reported net income of 5470,000 in 2018 Forto Inc, uses the equity method of accounting for its investment in Imboden Inc. Required: 1 Journalize the entries to record these transactions Refer to the chart of accounts for the exact wording of the accounts CNOW journal do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries CNOW journals will automatically indenta credit entry whon a credit amount is ontored 2 Should Forto Incs investment in modon inc be reported at for value on its financial statements for the year ending December 31, 2016 Next JUUNI 1. Journalzo the ones to record these transactions Refer to the chart of accounts for the exact wording or the accounties CNOWe do not use thes for our explanations. Every wow a curnal page as used for debut or credit entre CNOW Journals wil matically on a credit entry when a credit amortis antired PAGE JOURNAL DATE DESCRETION POST.EE DER CHED ACETINSELATIN ASTERS LIABILITIES COUNTY 1 2 3 Instructions Chart of Accounts Journal Final Question Instructions Journal Final Question 2 Should Forte Ines investment in Imboden ine be reported at far value on its financial statements for the your viding Decomber 31, 2018