Exercise 15-7 Share investment transactions; equity method LO4 CHECK FIGURE: Dec. 31, 2021: LosS =$8,360 The following events are for Toronto Investment Inc.: 2020 Jan. 14 Purchased 18,000 shares of Quatro Inc. common shares for $156,900. Quatro has 90,000 common shares outstanding and has acknowledged the fact that its policies will be significantly influenced by Toronto. Oct. 1 Quatro declared and paid a cash dividend of $2.60 per share. Dec. 31 Quatro announced that profit for the year amounted to $650,000. 2021 April 1 Quatro declared and paid a cash dividend of $2.70 per share. Dec. 31 Quatro announced that profit for the year amounted to $733,100. 31 Toronto sold 6,000 shares of Quatro for $104,320. Required Prepare general journal entries to record each transaction. Round per share calculations to two decimal places