Listed below are a few events and transactions of Kodax Company 2017 Jan. 2 Purchased 27, 300 shares of Grecco Co. common stock for $415,000 cash plus a broker's fee of $3,700 cash. Grecco has 78,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $2.20 per share. Dec. 31 Grecco announced that net income for the year is 5497,400. 2018 June 1 Grecco declared and paid a cash dividend of $2.80 per share. Dec. 31 Grecco announced that net income for the year is $717,900. Dec. 31 Kodax sold 13,000 shares of Grecco for $355,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intermediate calculations and round your final answers to the nearest dollar amount.)