On February 1, 2018 Shrub Company invests $15,000 in Acorns, Inc. stock. Acoms pays Shrub a $350 dividend on October 1, 2018 Shrub sells the Acorns's stock on October 31, 2018, for $15.200. Assume the investment is categonzed as a short-term equity Investment and Shrub Company does not have significant influence over Acorns, Inc. Read the requirements Requirement 1. Journalize the transactions for Shrub's investment in Acorns' stock (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Begin by joumalizing Shrub's initial investment in Acorra, Inc., stock Accounts and Explanation Feb, 1 Date Debit Credit Next Joumalizo Shrub's receipt of the October 1 dividend Date Accounts and Explanation Od 1 Debit Credit 4-6 Now journalize Shrub's sale of the Acoms, Inc, stock on October 31 Date Accounts and Explanation Oct. 31 Debit Credit 5-R 5. 5- Requirement 2. What was the net effect of the investment on Shrub's not income for the year ended December 31, 2018? (Enter a not decrease with a minus sign or parentheses) Net effect on income for the years 16-R Time Remaining: 01:24:02 Next 60 Requirements 1. Journalize the transactions for Shrub's investment in Acorns's stock. 2. What was the net effect of the investment on Shrub's net income for the year ended December 31, 2018? Print Done