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Record each of the following transactions and events of Henz Note: Round to nearest whole dollar. Year 1 January 1 Acquired 75,0e0 shares of Thrifty

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Record each of the following transactions and events of Henz Note: Round to nearest whole dollar. Year 1 January 1 Acquired 75,0e0 shares of Thrifty iconson stock for $481,000cash. Thrifty has 300,090 shares of conmon stock outstandIng, and Its activities wili be 51 gnifficantly influenced by Hertz. August 31 Thrifty dectared and paid a cash dividend of \$2.28 per share. December 31 thrifty reported net income for the year of $492,48e. Year 2 August 31 Thrifty declared and paid a cash dividend of 5.70 per share. December 31 Thrifty reported net incone for the year of \$717,96e. December 31 Hertz sold 13,6e0 shares of Thrifty for sioe, and cash. Journal entry worksheet Acquired 75,000 shares of Thrifty common stock for 5481,000 cash. Thrity has 300,000 shares of common stock outstanding. and its activities will be significantly influenced by Hertz. Note: Enter debits before oredits

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