Zion, Inc. purchased 3,125 shares out of a possible 12,500 shares outstanding of Scrun, Inc. securities...

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Zion, Inc. purchased 3,125 shares out of a possible 12,500 shares outstanding of Scrun, Inc. securities for $32.00 per share on October 15, 2021 with the intent of keeping for the long-term. The market value of Scrun's shares on 12/31/2021 is $30.00 per share Scrun's 2021 total net income is $100,000.00 A cash dividend is paid by Scrun on 12/31/2021 of 40 cents per share All of the shares were sold on January 2, 2022 for $35.00 per share What will be the general journal entry to record the January 2, 2022 transaction? Zion, Inc. purchased 3,125 shares out of a possible 12,500 shares outstanding of Scrun, Inc. securities for $32.00 per share on October 15, 2021 with the intent of keeping for the long-term. The market value of Scrun's shares on 12/31/2021 is $30.00 per share Scrun's 2021 total net income is $100,000.00 A cash dividend is paid by Scrun on 12/31/2021 of 40 cents per share All of the shares were sold on January 2, 2022 for $35.00 per share What will be the general journal entry to record the January 2, 2022 transaction?