As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 20% of Nursery Supplies inc's 20 million shares for $69 million. The fair value and book value of the shares were the same at that time. During the vear, Nursery Supplies earned net income of $40 million and distributed cash dividends of $1.50 per share. At the end of the year, the fair value of the shares is $65 million. Required: Prepare the appropriate journal entries from the purchase through the end of the year. (If no entry is required for a transaction/event. select "No journal entry required in the first account field. Enter your answers in millions, i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Record the investment in Nursery Supplies shares Note: Enter debits before credits Orte $ 0 search 9