Listed below are a few events and transactions of Kodax Company 2017 Jan. 2 Purchased 29,700 shares of Grecco Co. common stock for $422,000 cash plus a broker's fee of $4,400 cash. Grecco has 66,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodex. Sept. 1 Crecco declared and paid a cash dividend of $2.90 per share. Dec. 31 Grecco announced that net income for the year in $507,900. 2018 June 1 Grecco declared and paid a cash dividend of $3.50 per share. Dec. 31 Grecco announced that net incone for the year is $735,400. Dec. 31 Kodax sold 13,000 shares of Grecco tor $390,000 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.) View transaction at Journal entry worksheet 2 6 Grecco declared and paid a cash dividend of $2.90 per share NoteEnter debits before credits Debit Credit Date General Journal Sep 01, 2017 Cash Long term investments Greco Record entry Clear entry View general Journal