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Crane inc had the following transactions pertanning to ifivestments in commoristock Jan. 1 Purchased 4.100 shares of Escalante Corporation common stock (6%) for $249,280 cash.

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Crane inc had the following transactions pertanning to ifivestments in commoristock Jan. 1 Purchased 4.100 shares of Escalante Corporation common stock (6\%) for $249,280 cash. July 1 Received acash dividend of $4 per stare. Dec. 1 Sold 820 shares of Escalante Corporation common stock for 552,480cash Dec: 31 Received a cash dividend of \$4 per share. Journalize the transactions. (List all debit entries before credlt entries. Credit account titles are autamatically indented when amount is entered. Do not indent manually. Record journol entries in the order presented in the problem. If no entry is required, select "No entry" for the account tities and enter O for the omounts)

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