prepare all the necessary journal entries

submit Condition #1: O'Brien Inc. acquired 1504 of the 220,000 shares of common stock of Fletc eqp 'Ir at Stola! cost of $13 per share on February 17, 2025. On July 31, Fletcher Air declared and all stockholders. On December 01 Fletcer Air' trjovted net Income of $146, 900 for the year. At December 31, the market price of Fletcher paid $72,400 cash dividen Air was $12 per share. Condition #2: Johnson Corporation obtained significant influence over Roybark Init. Ii3y buying 0% of Roybark's 130,600 outstanding shares of common stock at a total cost of $7 per share on January 1, 2025. On May 19, Roybark Inc. declared and bald cash 4ivldendS of $41,300 to all stockholders. On December 31, Roybark Inc. reported a net income of $87 ,600 for the year. Re uired: Pre are all necessa ournal entries in 2025 for Condition 'If"No nt IS needed, lease indicate "No Ent n. Round all values to the nearest dollar. Reference: 2/17/2025 7/31/2025 12/31/2025 12/31/2025 Account Title: type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... Debit: type your answer... type your answer... type your answer... type your. answer... type your answer... type your answer... type your answer... type your answer... Re uired: Prepare all necessary ournal entries in 2025 for Condition #2. If "No Entry": is needed, pieaseindica+e "No Ent Reference: 1/1/2025 Account Title: type your answer... \ type your answer... Debit: type your answer... pe your answer... Credit: type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... type your answer... Credit: type your answer... type your answer...