Assessing Financial Statement Effects of Equity Method Securities The following transactions involve investments in marketable securities and are accounted for using the equity method. 1. Purchased 10,800 common shares of Barth Co. at $9 cash per share; the shares represent 30% ownership in Barth. 2. Received a cash dividend of $1.25 per common share from Barth. 3. Recorded income from Barth stock investment when Barth's net income is $72,000. 4. Sold all 10,800 common shares of Barth for $108,300. a. Prepare journal entries to record these four transactions b. Post the journal entries to their respective T-accounts - Note: Enter your answers, in transaction order, in the first open field of the appropriate column in each account