Exercise 15-14 (Algo) Accounting for equity method investments LO P5 Listed below are a few events and transactions of Kodax Company. Year 1 outstanding, and its activities bill be significantly influenced by Kodax. Decerder 11 crece unounced that net incase for the yeir is $516,900. Year 2 Jane-1 Grecco declared and paid a cash dividend of $1.60 per share. Decenber 31 Grecco arnounced that net incone for the year is $750,400. Prepare journal entries to record the above transactions and events of Kodax Company. Note: Do not round intermediate calculations and round your final answers to the nearest doliar amount