On August 4, 2019, Bennett Corporation purchased 4,500 shares of Plummer Company for $238,500. The following information applies to the stock price of Plummer Company: Price 12/31/2019 12/31/2020 12/31/2021 52 57 61 Plummer Company declares cash dividends of $3.50 per share on June 1 of each year and pays the dividends on July 1 of each year. Required: 1. Prepare journal entries to record the facts in the case, assuming that Bennett purchased the shares as a passive investment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 3 4 of 7