Required information [The following information applies to the questions displayed below.] Lisa Company had outstanding 220,000 shares of common stock. On January 10, 2021, Marg Company purchased a block of these shares in the open market at $25 per share. At the end of 2021, Lisa reported net income of $150,000 and cash dividends of $0.50 per share. At December 31, 2021, Lisa Company stock was selling at $23 per share. 2-a. Prepare the journal entries for Marg Company at the dates indicated for Case A: 39,600 shares purchased. 2-b. Prepare the journal entries for Marg Company at the dates indicated for Case B: 105,600 shares purchased. 3. Complete the following schedule to show the separate amounts that should be reported on the 2021 financial statements of Marg Company: Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 3 Prepare the journal entries for Marg Company at the dates indicated for Case A: 39,600 shares purchased. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction 1 General Journal Investment in Marketable Equity Securities Cash Debit Credit 990,000 990,000