Blue Spruce Corporation purchased 450 common shares of Nolan Inc. common stock for $13,400 (Blue Spruce does not have significant influence). During the year, Notan paid a cash dividend of $330 per share. At year and, Nolan stock was selling for $34,60 per share. Prepare un Spruce journal entry to record the purchase of the investment (Cretle accounties are automatically indented when the amount is entered. Do not intent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit SHOW UST BE ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare Blue Spruces journal entry to record the dividends received. (Hound towers to decimal places, 5.273. Credit accountities are automatically indented when the amount in entered. Do not indent manually. If no antry is required, select "Ne Entry for the account tities and enter for the amount) Account Thies and Explanation Debit Credit SHOW LIST OF ACCOUNTS LIRA TO TEXT LINK TO TEXT Prepare Blue Spruce's journal entry to record the fair value adjustment (Assume a zero balance in the Fair Value Adjustment account.). (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Accounties and Explanation Debit Credit Prepare Blue Spruce's journal entry to record the dividends received. (Round answers to 0 decimal places, entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare Blue Spruce's journal entry to record the fair value adjustment (Assume a zero balance in the Fair Value account titles are automatically indented when the amount is entered. Do not indent manually. If no amounts.) Account Titles and Explanation Debit Credit I TE