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also plz help for situation 2 Stuation if Monty Cosmetics acquired 1005 of the 193,000 shares of common stock of Martine2 Faskion at a total
also plz help for situation 2
Stuation if Monty Cosmetics acquired 1005 of the 193,000 shares of common stock of Martine2 Faskion at a total oost of 514 per thare on March 18. 2025, On fune 30, Martinez declared and paid \$67.500 cash dividends to all stochcobers, On December 31, Martinez reported net income of $118,700 for the year. At December 31. the market peice of MartinezFabhion was $15 per share. Situation 2: Fleander, Inc obtained signticant indlunce tiser seles Corporation by beying wonc af Seles's 30.700 outstanding thares of common. stock at a total cost of 58 per thare on damiary 1.2025. On Jurne 15, 5ile declaped and paid cash dividends of 534.300 to all stochhalders. Den December 31. Seles reported a net incomn of 484,200 for the year. outomatically indented when amount is entered Do not indent manuoily if no entry is required, select "Aa Fntry" for the account sithes and enter O for the amounts Recordjournal entries in the order prewented in the groblemj Step by Step Solution
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