January $2$ Purchased $90,000$ shares of Grecco Company common stock for $$511,000$ cash. Grecco has $270,000$ shares of common stock outstanding, and its activities will be significantly influenced by Kodax.

September $1$ Grecco declared and paid a cash dividend of $$1\mathrm{.}90$ per share.

December $31$ Grecco announced that net income for the year is $$501,900.$

Year $2$

June $1$ Grecco declared and paid a cash dividend of $$2\mathrm{.}20$ per share.

December $31$ Grecco announced that net income for the year is $$725,400.$

December $31$ Kodax sold $11,000$ shares of Grecco for $$128,090$