On January 1, 2022, Megan Inc. paid \$13 million for 39% of the outstanding common stock of their supplier, Advanced Paper Calculator Tape Inc. On December 1,2022 Advanced Paper declared and paid cash dividends of $220,000. For the year ending December 31, 2022, Advanced Paper also reported net income of $1,700,000. At December 31, 2022, the fair value of 39\% of Advanced Paper's stock was $11 million. On January 1, 2023 all the Advanced Paper's stock was sold for $9 million. Prepare all journal entries relating to Megan Inc's. investment in Advanced Paper Calculator Tape Inc