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Question 25 30 pts Prepare the journal entries for McIntosh Company for the following transactions. (Don't worry about the formatting of your answer here on Canvas. Explain which accounts are debited/credited and for how much. Then, show the journal entry in its proper format in the work you submit.) January 15, 2020: McIntosh Company acquires 35% of the 250,000 shares of common stock of Price Company at a cost of $6 per share. March 10, 2020: Price Company declares and pays a cash dividend of $40,000. December 30, 2020: Price Company reports a net income of $470,000 for the year. June 17, 2021: McIntosh Company sells 40,000 shares for a total of $200,000