Cursion 5 Ma 00 12.00 PI question Take me to the text On March 1, 2020, Wisser Holding a private company purchased 15% of the 2,360,000 outstanding common shares sued by Kansas Holding at a price of $25.99 per share. This investment occurred as part of a business alliance agreement between the two companies Wisser Holding is planning to hold on to the common shares of Kansas Holding for at least 10 years il not longer During 2020, the following activities occurred in regards to this investment 1) Online 24, 2000, Wister Holding received a cash dividend fro Kansas Holding for $173 per share 21 On December 31, 2020, the year-end date of Wisser Holding, Kansas Holding stures of common shares were tradeda $27:49 per share Required Prepare journal entries to record the acquisition of Kansas Holding's common shares, receipt of cash dividends and year end adjustments related to Kansas Holdings investment in Wisser Holding's books