ABC purchased 30% of XYZ Company on 4-1-21 for $8 million (50,000 SHARES) XYZ paid a 55 per share dividend on 7-1-21 and reported net Income of $3 million on 12-31 21. ABC sold 50% of its investment in XYZ for $6 million on 3-1 22 REQUIRED: PREPARE the journal Entries for XYZ on 4.1 21.7.1 21.12-31 21. and 3-1-22