Save & Listed below are a few events and transactions of Kodax Company 2017 Jan. 2 Purchased 24,960 shares of Grecco Co. common stock for $416,000 cash plus a broker's fee of $3,800 cash. Grecco nas 96,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $2.30 per share. Dec. 31 Grecco announced that net income for the year is $498,900. 2018 June 1 Grecco declared and paid a cash dividend of $2.90 per share. Dec. 31 Grecco announced that net income for the year is $720,400. Dec. 31 Kodax sold 14,000 shares of Grecco for $360,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company (Do not round intermediate calculations and round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 3 4 5 Purchased 24,960 shares of Grecco Co. common stock for $416,000 cash plus a broker's fee of $3,800 cash. Grecco has 96,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Note: Enter debits before credits. Date General Journal -Frouler 1 Help Save & Exit Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round intermediate calculations and round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 3 4 5 6 Purchased 24,960 shares of Grecco Co. common stock for $416,000 cash plus a broker's fee of $3,800 cash. Grecco has 96,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Note: Enter debits before credits. Date General Journal Credit Jan 02, 2017 Clear entry Record entry View general journal