Green Corporation had the following transactions occur during 2020. Feb. 3 - Green Corporation purchased with cash, 5.000 shares of Branch Corp. as a long-term investment for a total of $192,000. The 5,000 shares represented 30% of the outstanding shares of Branch Corp. Assume that Green Corporation has significant influence over Branch Corp. as a result. Apr. 7 - Branch Corp. declared an $0.70 per share cash dividend to shareholders of record on April 15. payable May 10. May 10 - Received the cash dividend from Branch Corp. Dec 31 - At the end of the year, Branch Corp. reported a profit of $60,000 for the year Dec 31 - Sold 1,250 shares of Branch Corp. for $32.50 per share. . Required: Record the required journal entries for 2020. No new data to save. Last checked at 10:15am