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 year, 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, (l.e., 10,000,000 should be entered as 10).) Answer is complete but not entirely correct. 1 No Transactions 1 General Journal Investment in equity affiliate. Cash 2 2 Investment in equity affiliate Investment revenue 3 3 Cash 4 4 Investment in equity affiliate No journal entry required 00 00 Debit Credit 69 69.0 80 8 70 70