Ellis Transport Company acquired 1.7 million shares of stock in L&K Corporation at $77 per share. They are classified by Ellis as available for sale. Ellis sold 700,000 shares at $80, received a 10% stock dividend, and then later in the year sold another 200,000 shares at $76. Hint: There is no entry for the stock dividend, but a new investment per share must be calculated for use later when the shares are sold. Required: Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)