Fairway Gold Corp. owns equity-method investments in several companies. Suppose Fairway paid $17,000,000 to acquire a 40 percent investment in Mineworx Ltd. Further, assume Mineworx Ltd. reported net income of $1,800,000 for the first year and declared and paid cash dividends of $825,000. Calculate the balance in the Investment in Mineworx Ltd. Common Shares account. Assume that after all the above transactions took place, Fairway Gold Corp. sold its entire investment in Mineworx Ltd. common shares for $19,500,000. Journalize the sale of the investment. Disregard broker commissions on sale. Calculate the balance in the Investment in Mineworx Ltd. Common Shares account. (Leave any unused cells blank.) Investment in Mineworx Ltd. Common Shares Dividends Net Income he investment. (Record debits first, then credits. Explanations are not required.) Journal Entry Accounts Debit Credit Purchase