min The beginning balance sheet of Joumey Source Co. Included an $860,000 investment in Est stock (35% ownership, Journey has significant influence over Est). During the year, Journey Source completed the following investment transactions: (Click the loon to view the transactions.) Read the requirements Requirement 1. Joumalize the transactions for the year of Journey Sourco. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining cells blank.) stment, representing 1% ownership, no More Info Credit 104,500 Mar. 3 May 15 Wasti Dec. 15 Dec. 31 Purchased 9,500 shares at $11 per share of Rim Software common stock as a long-term equity Investment, representing 1% ownership, no significant influence Received a cash dividend of $0.93 per share on the Rim investment Received a cash dividend of $90,000 from Est investment Received Est's annual report showing $120,000 of net income Received Rim's annual report showing $900,000 of net income for the year. Est's stock fair value at year-end was $812,000, Rim's common stock fair value at year-end was $12 per share Dec. 31 Credit Dec. 31 Dec. 31 ebit 32 Print Done