Entries for equity investments: less than 20% ownership Quan Corp. manufactures construction equipment. Journalize the entries to record the following selected equity investment transactions completed by Quan during a recent year using the fair value method. Feb. 2 Mar. 6 June 7 July 26 Purchased for cash 750 shares of Celeste Inc.'s common stock for $56 per share plus a $375 brokerage commission. Celeste Inc. has 83,000 shares of common stock outstanding. Received dividends of $0.30 per share on Celeste Inc. stock. Purchased 450 shares of Celeste Inc. stock for $66 per share plus a $225 brokerage commission. Sold 900 shares of Celeste Inc. stock for $71 per share less a $450 brokerage commission. Quan assumes that the first investments purchased are the first investments sold. Sept. 25 Received dividends of $0.40 per share on Celeste Inc. stock. Dec. 31 At the end of the accounting period, the fair value of the remaining 300 shares of Celeste Inc. stock was $22,450. If an amount box does not require an entry, leave it blank. When required, round final answers to the nearest dollar. Feb. 2 Mar. 61 June 7 July 26 000 00 00 000 00 ission. Quan assumes that the first investments purchased are the first investments sold. Sept. 25 Received dividends of $0.40 per share on Celeste Inc. stock. Dec. 31 At the end of the accounting period, the fair value of the remaining 300 shares of Celeste Inc. stock was $22,450. If an amount box does not require an entry, leave it blank. When required, round final answers to the nearest dollar. Feb. 2 Mar. 6 June 7 July 26 Sept. 25 Dec. 31 38