Check my work Required: 1. How would this investment be classified on Florists' balance sheet? 2. Prepare all appropriate journal entries related to the investment during 2021, under the fair value option, and in a manner similar to what Florists would use for investments in equity securities for which it does not have significant influence. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare all appropriate journal entries related to the investment during 2021, under the fair value option, and in a manner similar to what Florists would use for investments in equity securities for which it does not have significant influence. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions, (i.e., 10,000,000 should be entered as 10).) Show less View transaction list 1 Record the purchase. 2 Record the dividends. 3 Record any adjusting entry needed at year-end for the change in fair value. Credit