pridgeport the acquired 15% of the outstanding common shares of Gregson Inc. on December 31, 2021. The purchase price was 5833,400 for 46,300 shares, and s equal to 15% of Gregson's carrying amount. Grepson declared and paid a 50.70 per share cash dividend on June 15 and again on December 15, 2022. Greeson feported net income of 537,000 for 2022. The fair value of Gregson's shares was 523 per share at December 31, 2022. Bridgeport is a public company and polles IFRS Jasturtos Prepare the journal entries for Bridgeport for 2021 and 2022, assuming that Bridgeport cannot exercise significant influence over Gregson. The investment is accounted for using the proci model Prepare the journal entries for Bridgeport for 2021 and 2022, assuming that Bridgeport can exercise significant influence over Gregson. case use the space below to show support for your calculations. provide your complete journal entries fomit explanations in the table below. Accounts Debit Credit