Assignment i Rowan Co purchases 200 common shares (40%) of JBI Corp. as a long term investment for $690,000 cash on July 1. JBI Corp. paid $19.250 in total cash dividends on November 1 and reported net income of $385,000 for the year. (1)-(3) Prepare Rowan's entries to record the purchase of JBI shares, the receipt of its share of JBI dividends and the December 31 year-end adjustment for its share of JBl net income. AT View transaction list Journal entry worksheet