During December of the current year, James Company acquired some of the 49,600 outstanding shares of the common stock, par $15, of Andrew Corporation as a long-term passive investment. The accounting period for both companies ends December 31. Dec. 2 Purchased 6,340 shares of Andrew common stock at $21 per share. Dec. 15 Andrew Corporation declared a cash dividend of $4 per share. Dec. 31 Determined the current market price of Andrew stock to be $17 per share. Prepare the journal entries for James Company for each of the above transactions that occurred during the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Purchased 6,340 shares of Andrew common stock at $21 per share. Note: Enter debits before credits General Journal Credit Debit Date December 02 2 of 8 Next View transaction list Journal entry worksheet > 1 2 Andrew Corporation declared a cash dividend of $4 per share. Note: Enter debits before credits.) Date General Journal Debit Credit December 15 Record entry Clear entry View general Journal