8. On May 15, 2018, Sandler Co. invests $12.000 in Jojo, Inc. stock. Jojo pays Sandler a $1.000 dividend on November 15, 2018. Sandler sells the Jojo stock on December 10, 2018, for $11,600. Assume the Sandler Co. does not have significant influence over Jojo, Inc. Jounaliza the 2010 transactions related to Sandler's investment in Jojo stock. (Record debits first then credits. Select the explanation on the last line of the joumal entry table.) Begin by journalizing Sandler's inital investment in Jojo, Inc., stock on May 15, 2018 Accounts and Explanation Date 2018 May 15 Debit Credit Next,journalize Sandler's receipt of the November 15, 2018 dividend. Date 2018 Nov. 15 Accounts and Explanation Debit Credit Now journalize Sandler's sale of the Jojo, Inc, stock on December 10, 2018. Accounts and Explanation Date 2018 Dec. 10 Debit Credit