Martinez Ltd. is a Canadian publicly-traded business with a December 31 fiscal year end. In order to get a better return on some of its excess cash, Martinez purchased 220 common shares of AF Corporation on July 1, 2023 at a price of $6 per share. On the day of acquisition, Martinez elected to account for the investment using the fair-value through other comprehensive income (FV-OCI) without recycling. On August 1, 2023, AFS declared dividends of $1/share, and paid those dividends on August 20, 2023. On December 31, 2023, shares in AFS were trading at $8 per share. On September 15, 2024, Martinez sold the shares in AFS for $9 per share.

Prepare the journal entries required to record the above transactions on the books of Martinez Ltd. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)