Idle Corporation has been acquiring shares of Fast Track Enterprises at book value for the last several years. Fast Track provided data including the following Net Income Dividends 20x2 2003 $43,000 $56,000 25,000 25,000 20x4 $43,000 20x5 $53,000 15,000 25,000 Fast Track declares and pays its annual dividend on November 15 each year. Its net book value on January 1, 20x2. was $261,000. Idle purchased shares of Fast Track on three occasions Date January 1, 20x2 July 1, 20x3 Percent of Ownership Purchased Amount Pald 10% $26,100 5 14 16,965 69,426 January 1, 20x5 Required: Give the journal entries to be recorded on Idle's books in 20X5 related to its investment in Fast Track (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list