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 Oct. Dec. 31 2021 April 1 1 Purchased 18,000 shares of Quatro Inc. common shares for $156.900. Quatro has 90.000 common shar outstanding and has acknowledged the fact that its policies will be significantly influenced by Toronto Quatro declared and paid a cash dividend of $2.60 per share. Quatro announced that profit for the year amounted to $650,000. Quatro declared and paid a cash dividend of $2.70 per share. Quatro announced that profit for the year amounted to $733,100. 31 Toronto sold 6,000 shares of Quatro for $104,320. Dec. 31 Required Prepare general journal entries to record each transaction. Round per share calculat decimal places.