As a long-term investment at the beginning of the 2018 fiscal year, Florists International purchased 25% of Nursery Supplies Inc's 16 Supplies earned net income of $32 million and distributed cash dividends of $1.50 per share. At the end of the year, the feir value of the shares is $70 million. Required: Prepare the appropriate journal entries from the purchase through the end of the year (f no entry is required for a ntry required" in the first account field. Enter your answers in milions, (i.e.. 10,000,000 should be entered as transaction/event, 10).) View transaction list Journal entry worksheet Record the investment in Nursery Supplies shares Note: Enter debits bofore credis Event General Journal redit Journal entry worksheet Record the investor's share of net income. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry Viow general jourmal Journal entry worksheet Record the cash dividends received from Nursery Supplies shares. Noter Enter debits before credits. Event General Journal Debit Credit Record entay Clear entry View genoral joa Journal entry worksheet Record fair value adjustment at year-end. Note: Enter debits before credits. Event General Journal Debit Credit Record entay Clear entry View general journal