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The beginning balance sheet of Journey Source Co included a 5500.000 investment in Elis stock ( 40% ownership Journey has signifficant influence over Elis). During the year, Journoy Source completed the following investment transactions: (Click the icon to view the transactions) Read the requirements Requirement 1. Journalize the transactions for the year of Journey Source. (Record debits first, then credits. Select the explanafion on the last line of the journal entry tabie. If no entry is requiced, select "No entry required" on the first line of the Accounts and Explanation colurn and leave the remaining cells blank) Mar 3. Purchased 6,000 shares at $10 per share of Fion Software common stock as a long-lerm equity investment, representing 6% owrership, no significant influence. May 15. Received a cash dividend of 50.54 per share on the Ron investmont. Der 15 Recolved a cash dividend of $45.000 from Elis investment. Dec. 31. Recelved Ron's annual report showing 5900,000 of net income for the year. Dec. 31: Elis's stock fair value at year-end was $499.000. Dec 31: Ron's common stock fair value at year-end was $11 per share: Requirement 2. Post transactions to T-accounts 10 determine the Decernber 31, 2024, balances related to the investment and investment income accounts. (Select the missing investment account) Requirement 2. Post transactions to T-accounts to delermine the December 31, 2024, balances related to the investment and investment income accounts. (Select the missing investment account) Requirement 3. Prepare Journoy Source's partal balance sheet at December 31, 2024. from your answers in Requirement 2 . (If a box is not used in the partial balance sheet leave the box emply, do not select a label or enter a zero) More info Mar. 3 Purchased 6,000 shares at $10 per share of Ron Software common stock as a long-term equity investment, representing 6% ownership, no significant influence. May 15 Received a cash dividend of $0.54 per share on the Ron investment. Dec. 15 Received a cash dividend of $45.000 from Ellis investment. Dec. 31 Received Ellis's annual report showing $110,000 of net income. Dec. 31 Received Ron's annual report showing $900,000 of net income for the year. Dec. 31 Ellis's stock fair value at year-end was $499,000. Dec. 31 Ron's common stock fair value at year-end was $11 per share