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	$	50,000		$	58,000		$	50,000		$	60,000
Dividends		22,000			22,000			12,000			22,000

Fast Track declares and pays its annual dividend on November 25 each year. Its net book value on January 1, 20X2, was $252,000. Idle purchased shares of Fast Track on three occasions:

Date	Percent of Ownership Purchased			Amount Paid
January 1, 20X2		15	%	$	37,800
July 1, 20X3		10			35,280
January 1, 20X5		19			76,608

Required:

Prepare the journal entries to be recorded on Idles 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.)