Question: You Try # 1 Aug 4 , Yr 1 : YouCo purchases 1 , 0 0 0 shares of TargetCo for $ 6 0 0

You Try #1
Aug 4, Yr1: YouCo purchases 1,000 shares of TargetCo for $600? share.
Nov 30, Yr1: TargetCo pays a $10? share dividend.
Dec 31, Yr1: TargetCo reports Net Income of $200,000 for the year.
Dec 31, Yr1: TargetCo shares close the year trading for $615? share.
Feb 3, Yr2: YouCo needed $$ so sold its TargetCo shares for $612? share
Required: Record all of the journal entries for this investment assuming that YouCo's shares make up 0.85% of TargetCo
 You Try #1 Aug 4, Yr1: YouCo purchases 1,000 shares of

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