202 Feb. 25 Purchased 195,100 shares of Jack Inc. comon shares for $179,620. Jack has 975 , 5es connon shares outstanding and has acknowledged the fact that its policies wil1 be significantly influenced by King. oct. 1 Jack declared and paid a cash dividend of se.45 per share. Dec. 31 Jack announced that profit for the year asounted to 5635,559 . 2021 April i jack declared and paid a cash dividend of 50.30 pen share. Dec. 31 Jack announced that profit for the year asounted to 5737,060 . 31 King sold 79,790 shares of Jack for $114,776. Required: Prepare general journal entries to record each transaction. (Round per share calculations to 2 decimal places. Round your final answers to the nearest dollar.) Journal entry worksheet