o Top Team Investments completed the following transactions during 2018: (Click the icon to view the transactions) Requirements 1. Journalize Top Team's transactions. Explanations are not required, 2. Classify and prepare partial financial statements for Top Team's 40% Velcon investment for the year ended December 31, 2018. Requirement 1. Joumalize Top Team's transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. It na entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Jan. 14: Purchased 850 shares of Velcon stock, paying $44 per share. The investment represents 40% ownership in Velcon's voting stock and Top Team has significant influence over Velcon. Top Team intends to hold the investment for the indefinite future. Credit i More Info Jan. Aug Purchased 850 shares of Velcon stock, paying $44 per share. The Investment represents 40% ownership in Velcon's voting stock and Top Team has significant influence over Velcon, Top Team intends to hold the Jan. 14 investment for the indefinite future Aug. 22 Received a cash dividend of $0.87 per share on the Velcon stock Dec. 31 Velcon's current market value of $41 per share. Dec. 31 Velcon reported net income of $400,000 for the year ended 2018 Credit Aug Choc Print Done Destion