Listed below are a few events and transactions of Kodax Company. Year 1 January 2 Purchased 77,000 shares of Grecco Company common stock for $556,000 cash. Grecco has 308,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. September 1 Grecco declared and paid a cash dividend of $1.20 per share. December 31 Grecco announced that net income for the year is $512,400. Year 2 June 1 Grecco declared and paid a cash dividend of $3.80 per share. December 31 Grecco announced that net income for the year is $742,900. December 31 Kodax sold 12,000 shares of Grecco for $101,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. Note: Do not round intermediate calculations and round your final answers to the nearest dollar amount. Journal entry worksheet Purchased 77,000 shares of Grecco Company common stock for $556,000 cash. Grecco has 308,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Note: Enter debits before credits