On April 1, 2024, Ivanhoe Company purchased 32,000 common shares in Ecotown Ltd. for $16 per share. Management has designat the investment as FVTOCI. On December 5, Ecotown paid dividends of $0.10 per share and its shares were trading at $18 per share December 31. Prepare the required entries to record the purchase, dividends, and year-end adjusting journal entry (if any) for this investment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is require select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)