Flint Corp. acquired 6,300 shares of Mandrake Corp. on July 1, 2021 at $8 per share. There is no quoted market price for Mandrake's shares as it is a private company. Flint reports under ASPE and has elected to account for the investment using the cost method. On September 1, Mandrake declared and paid a $0.40 per share dividend and on December 31, Flint sells the shares at $7 per share. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit December 31