On January 1, Year 1, Frog Corporation purchased 5,500 shares of SportTech Ltd. as a long-term investment for a total of $206,195. The 5,500 shares represented 30% of the outstanding shares of SportTech. At the end of Year 1, SportTech reported a loss of $66,000 for the year. In Year 2, Frog had the following long-term investment transactions. Assume Frog owns 25% of SportTech at December 31, Year 2. Required Prepare the journal entries to record the transactions for Year 2. Feb. 1 Oct. 1 Sold 2,000 shares of Sport Tech for $36.50 per share. The transaction included $1,575 in fees and commissions. Sport Tech declared an $.80 per share cash dividend to shareholders of record on October 15, payable November 1. Received Sport Tech cash dividend. SportTech reported net income of $330,000 for the year 2. Dec. 31