Problem B: Accounting for stock investments Green Back Investments completed the following transactions during 2019: Purchased 1,200 shares of Sysky stock, paying $46 per share. The investment represents 25% ownership in Sysky's voting stock. Green Back intends to hold the investment for the indefinite future. Jan. 14 Received a cash dividend of $0.34 per share on the Sysky stock. Aug. 22 Sysky's current market value is $44 per share. Dec. 31 Sysky reported net income of $330,000 for the year ended 2016 31 Requirements 1. Journalize Green Back's transactions. 2. Classify and prepare partial financial statements for Green Back's 25% Sysky investment for the year ended December 31, 2019. SOLUTION- PROBLEM B Requirement 1 Debit Credit Accounts and Explanation Date Calculations: SOLUTION- PROBLEM B: Requirement 2 Partial financial statements for Green Back GREEN BACK INVESTMENTS Balance Sheet (Partial) December 31, 2019 Long-term Assets GREEN BACK INVESTMENTS Income Statement (Partial) For the Year Ended December 31, 2019 Other Revenues and (Expenses): Calculations