in millions $($i$.$e$.,10,000,000$ should be entered as $10).$

Journal entry worksheet

Record the purchase of Lavery Labeling stock for $$346$ million.

Journal entry worksheet

Record Runyan Bakery's share of Lavery's $$260$ million net income.

Journal entry worksheet

Record the receipt of cash dividends of $$2\mathrm{.}8$ per share on $10$ million shares.

Journal entry worksheet

Record any necessary adjusting entry to correctly report the investment on the

balance sheet. The market value of Lavery's common stock at December $31,$

$2024$ was $$32$ per share.