i More Info Jan. 14 Aug. 22 -X Purchased 200 shares of Velcon stock, paying $53 per share. The investment represents 4% ownership in Velcon's voting stock. Captain does not have significant influence over Velcon. Captain intends to hold the investment for the indefinite future. Received a cash dividend of $0.28 per share on the Velcon stock. Dec. 31 Adjusted the Velcon investment to its current market value of $58 Print Done Captain Investments completed the following investment transactions during 2018 (Click the icon to view the transactions.) Requirements 1. Joumalize the entries for 2018. Explanations are not required What account(s) and amount(s), any, would be reported on Captain's income statement for the year ended December 31, 2018 2. Requirement 1. Journalize the entries for 2018 Explanations are not required (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required on the first line of the Accoun Jan 14 Purchased 200 shares of Velcon stock, paying $53 per share. The investment represents 4% ownership in Velcon's voting stock Captain does not have significant influence over Velcon Captain intends to hold the investme Accounts Date Jan 14 Debit Credit Aug 22 Received a cash dividend of 50 28 per share on the Velcon stock Date Aug 22 Accounts Debit Credit Dec. 31 Adjusted the Velcon investment to its current market value of $58 Date Accounts Debit Credit Dec 31 Requirement 2. What accounts) and amount(s) if any, would be reported on Captain's income statement for the year ended December 31, 2010 (Use parentheses as a minus sign for a lass) Choose from any ast or enter any number in the input neids and then continue to the next question investment transactions during 2018 anations are not required y, would be reported on Captain's income statement for the year ended December 31, 2018? 18. Explanations are not required (Record debts first, then credits. Exclude explanations from journal entries. If no entry is required select "No any required" on the first line of the Accounts column and leave the romaining collo blank ck, paying $53 per share. The Investment represents 4% ownership in Velcon's voting stock. Captain does not have significant influence over Velcon Captain intends to hold the investment for the indefinite future counts Debit Credit er share on the Velcon stock Counts Debit Credit current market value of $50 ounts Debil Credit if any would be reported on Captain's income statement for the year ended December 31, 20182 (Use parentheses or a minus sign for a loss the input fields and then continue to the next question 1. 2 Journalize the entries for 2018 Explanations are not requi What account(s) and amounts), if any, would be reported on Captain's loose statement for the year ended December 31, 2018? Aug. 22: Received a cash dividend of $0.28 per share on the Veloon stock Date Aug 22 Accounts Dec 31: Adjusted the Velcon Investment to its current market value of 558 Date Dec 31 Accounts Debit Credit Debit Credit Requirement 2. What account(s) and amount(s), if any, would be reported on Captain's income statement for the year ended December 31, 20187 (Use parentheses or a minus sign for a los Captain Investments Income Statement (Partial) For the Year Ended December 31, 2018 Other Income and (Expensen) Choose from any list or enter any number in the mout melds and then continue to the next