Rowan Co purchases 200 common shares (40%) of JBI Corp. as a long-term investment for $600,000 cash on July 1. JBI Corp, pald $12.500 in total cash dividends on November 1 and reported net income of $250,000 for the year. (1)-(3) Prepare Rowan's entries to record the purchase of JBI shares, the receipt of its share of JBI dividends and the December 31 year-end adjustment for its share of JBI net income View transaction list 1:20 Journal entry worksheet