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The following events are for King Investment inc 2023 Feb. 25 purchased 169,48 - shares of Jack Inc, connon 1 bares for $124,700 (Iacluding transactlon

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The following events are for King Investment inc 2023 Feb. 25 purchased 169,48 - shares of Jack Inc, connon 1 bares for $124,700 (Iacluding transactlon fees of $50) ? 7ack has 94 , eeg eommon shares outstanding and has acknowledged the fact thet its polfcits ilibe sisnificantly intluenced by king. Oct. 7 Jack declored and pold a cash dividend of 59,49 per share. Dec. 31 Jack announced that profit for the yeor anounted to 3542,240 . 2024 Apr1l 1 7ack declared and pold a cash dividend of 30,50 per share. Dec. 31 Jnck announced that profit for the year asounted to 5774,660 . 31 king so2d 76,620 phares of Jack for $114,210. Required: Prepare general journalenties to record ebch transaction. (Round per shere celculations to 2 decimol pleces. Round your finol answers to the nearest dollor.)

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