On January 2, 2016, Sanborn Tobacco Inc. bought 5% of Jackson Industry's capital stock for $109 million as a temporary investment Sanborn classified the securities acquired as available-for-sale. Jackson Industry's net income for the year ended December 31, 2016, was $139 million. The fair value of the shares held by Sanborn was $136 million at December 31, 2016. During 2016, Jackson declared a dividend of $84 million. Required: 1. Prepare all appropriate journal entries related to the investment during 2016. (f no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place i.e. 5,500,000 should be entered as 5.5).)