Listed below are a few events and transactions of Kodax Company.

2013
Jan.	2		Purchased 24,700 shares of Grecco Co. common stock for $420,000 cash plus a brokers fee of $4,200 cash. Grecco Co. has 65,000 shares of common stock outstanding and its policies will be significantly influenced by Kodax.
Sept.	1		Grecco declared and paid a cash dividend of $2.70 per share.
Dec.	31		Grecco announced that net income for the year is $504,900.

2014
June	1		Grecco declared and paid a cash dividend of $3.30 per share.
Dec.	31		Grecco announced that net income for the year is $730,400.
Dec.	31		Kodax sold 9,000 shares of Grecco for $380,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (If no entry is required for a particular transaction, select "No journal entry required"