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Listed below are a few events and transactions of Kodax Company. Year 1 outstanding, and its activities will be significantly influenced by Kodax. September 1

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Listed below are a few events and transactions of Kodax Company. Year 1 outstanding, and its activities will be significantly influenced by Kodax. September 1 Grecco declared and paid a cash dividend of $2.26 per share. December 31 Grecco announced that net income for the year is $497,400. Year 2 June 1 Grecco declared and paid a cash dividend of \$.7e per share. December 31 Grecco announced that net income for the year is $717,900. December 31 Kodax sold 13, shares of Grecco for $1,e cash. Prepare journal entrles to record the above transactions and events of Kodax Company. (Do not round Intermedlate calculatlons and round your final answers to the nearest dollar amount.)

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