Required information [The following information applies to the questions displayed below.) 2 of 2 On January 2, 2021, Sanborn Tobacco Inc. bought 5% of Jackson Industry's capital stock for $106 million. Jackson Industry's net income for the year ended December 31, 2021, was $136 million. The fair value of the shares held by Sanborn was $130 million at December 31, 2021. During 2021, Jackson declared a dividend of $76 million 2. Assume that Sanborn sold the stock on January 2, 2022 for $142 million. Prepare the journal entries Sanborn would use to record the sale. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions rounded to 1 decimal place (l.e., 5,500,000 should be entered as 5.5).) decimal place (1.0, 6.500 elect "No journal omto ournal entries Sanborn NO Transaction Answer is not complete. General Journal Fair value adjustment Oan on investment (unrealized, NI) Cred 1 24.0 X cash Fall austment