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January 2 Purchased 55,0e0 shares of Grecco conpany coemon stock for $461, eee cash. Grecco has 165,000 shares of comen stock outstanding, and its activities will be sienificantly Influenced by Kodax. September 1 Grecco declared and pald a cash dividend of $2,80 per share. Decenber 31 Grecco announced that net Incone for the year is 5494,460. Year 2 June 1 Grecco declared and patd a cash dividend of $1.10 per share. Deceeber 31 Grecco anoounced that net incoes for the year is $712,900. Decenber 31 Kodax sold 11 , eee shares of Grecco for $142,000 cash. Prepare journal entries to record the obove transactions and events of Kodax Company Note: Do not round intermediate calculations and round your final answers to the nearest dollar amount. Journal entry worksheet 23456 Purchased 55,000 shares of Grecco Company common stock for $461,000 cash. Grecce has 165,000 shares of common stock outstanding, and its activitics will be significantly infuenced by Kodas. Lote. Cnter anbits pefore credits