Exercise 12-20 (Algo) Equity method; purchase; investee income; dividends [LO12-6] As a long-term investment at the beginning of the 2024 fiscal year, Florists International purchased 30% of Nursery Supplies Incorporated's 15 million shares for $64 million. The fair value and book value of the shares were the same at that time. During the year, Nursery Supplies earned net income of $50 million and distributed cash dividends of $2.00 per share. At the end of the year, the fair value of the shares is $60 million. Required: Prepare the appropriate journal entries from the purchase through the end of the year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, (i.e., 10,000,000 should be entered os 10 )