Captain Investments completed the following transactions during 2024: (Click the icon to view the transactions.) Requirements 1. Journalize Captain's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Captain's 25% Phyflexon investment for the year ended December 31, 2024. Requirement 1. Joumalize Captain's transactions. 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 800 shares of Phyflexon stock, paying $44 per share. The investment represents 25% ownership in Phyflexon's voting stock and Captain has significant influence over Phyflexon. Captain intends to hold the investment for the indefinite future. Date Jan. 14 Accounts Debit Credit