Listed below are a few events and transactions of Kodax Company. Year 1 January 2 Purchased 30,000 shares of Grecco Company common stock for $411,000 cash. Grecco has 90,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. September 1 Grecco declared and paid a cash dividend of $1.50 per share. December 31 Grecco announced that net income for the year is $486,900. Year 2 June 1 Grecco declared and paid a cash dividend of $2.10 per share. December 31 Grecco announced that net income for the year is $702,750. December 31 Kodax sold 3,000 shares of Grecco for $71,000 cash. No 1 2 Date January 2, Year 1 Stock investments Cash Answer is not complete. General Journal September 1, Year Cash Dividend revenue 3 December 31. Year Stock investments Sales returns and allowances 4 June 1, Year 2 Cash Dividend revenue 5 December 31, Year Cash Stock investments Sales returns and allowances 6 December 31, Year Stock investments Sales returns and allowances S 1 Debit 411,000 * Credit 411,000 45,000 45,000 162,300 162,300 71,000 71,000 71,000 41,100 x 29,900 210,825 210,825