Captain Investments completed the following investment transactions during 2024:

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Captain Investments completed the following investment transactions during 2024: (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2024. Explanations are not required. 2. What account(s) and amount(s), if any, would be reported on Captain's income statement for the year ended December 31, 2024? Requirement 1. Joumalize the entries for 2024. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Jan. 14: Purchased 200 shares of Velcon stock, paying $53 per share. The investment represents 4% ownership in Velcon's voting stock. Captain does not have significant influence over Velcon. Captain intends to hold the investment for the indefinite future. Aug. 22: Received a cash dividend of $0.28 per share on the Velcon stock: Dec. 31: Adjusted the Velcon investment to its current market value of $58. Dec. 31: Adjusted the Velcon investment to its current market value of $58. Requirement 2. What account(s) and amount(s), if any, would be reported on Captain's income statement for the year ended December 31 . 2024? (Uso parentheses or a minus sign for a loss.) More info Jan. 14 Purchased 200 shares of Velcon stock, paying $53 per share. The investment represents 4% ownership in Velcon's voting stock. Captain does not have significant influence over Velcon. Captain intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.28 per share on the Velcon stock: Dec. 31 Adjusted the Velcon investment to its current market value of $58