On January 1, 2018, Dexter Morgan Boats paid $ 1,854,000 for its 30% investment in James Doakes Autos. After the purchase. Dexter Morgan Boats has significant influence over James Doakes Autos. James Doakes Autos earned net income of $30,000,000 and paid cash dividends of $15,000,000 to all outstanding stockholders during 2018. Assume all outstanding stock is voting stock. Requirement: 1. Journalize all required 2018 transactions related to Dexter Morgan Boats' investment in James Doakes Autos. Omit explanations. 2. What is the December 31, 2018 balance of the investment account? Label your work For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). R TU al 1 dnu