On January 2, 2024, Sanborn Tobacco Incorporated bought 10\% of Jackson Industry's capital stock for $93 million. Jackson Industry's net income for the year ended December 31,2024 , was $123 million. The fair value of the shares held by Sanborn was $104 million at December 31,2024 . During 2024 , Jackson declared a dividend of $63 million. 2. Assume that Sanborn sold the stock on January 2, 2025 for $116 million. Prepare the journal entries Sanborn would use to record the sale. Note: If 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). Journal entry worksheet Record the entry to adjust to fair value on the date of sale. Note: Enter debits before credits. Journal entry worksheet Record the sale of stock on January 2,2025 for $116 million. Note: Enter debits before credits