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: 20X2 20X3 20X4 20X5 Net Income $40,000 Dividends 20,000 $60,000 20,000 $40,000 10,000 $50,000 20.000 Fast Track declares and pays its annual dividend on November 15 each year. Its net book value on January 1, 20X2, was $250,000. Idle purchased shares of Fast Track on three occasions: Percent of Ownership Purchased 10% Amount Paid Date $25,000 15,000 5 January 1, 20X2 July 1, 20X3 January 1, 20X3 10 34.000 Required Give the journal entries to be recorded on Idle's books in 20X5 related to its investment in Fast Track