LIsted below are a few events and transactions of Kodax Company. 2017 2 Purchased 30,eee shares of Grecco Co. connon stock for $488,e08 cash plus a broker's fee of $3,000 cash. Grecco has 98,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax 1 Grecco declared and paid a cash dividend of $1.50 per share Jan. Sept Dec. 31 Grecco announced that net income for the year is $486,980 2018 1 Grecco declared and paid a cash dividend of $2.18 per share. Dec. 31 Grecco announced that net income for the year is $702,750. Dec. 31 Kodax sold 18,e08 shares of Grecco for $320,000 cash. June 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 st Journal entry worksheet 2 3 4 Purchased 30,000 shares of Grecco Co. common stock for $408,000 cash plus a broker's fee of $3,000 cash. Grecco has 90,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax Note: Enter debits before credits. Date General Journal Debit Credit Jan 02, 2017