The following events are for Toronto Investment Inc.:

$2023$

Jan. $14$ Purchased $18,760$ shares of Quatro Inc. common shares for $$175,900($including transaction fees of $$50).$ Quatro has $93,800$

common shares outstanding and has acknowledged the fact that its policies will be significantly influenced by Toronto.

oct. $1$ Quatro declared and paid a cash dividend of $$4\mathrm{.}50$ per share.

Dec. $31$ Quatro announced that profit for the year amounted to $$669,000.$

$2024$

April $1$ Quatro declared and paid a cash dividend of $$4\mathrm{.}60$ per share.

Dec. $31$ Quatro announced that profit for the year amounted to $$752,100.$

$31$ Toronto sold $7,900$ shares of Quatro for $$113,820.$

Required:

Prepare general journal entries to record each transaction. $($Round per share calculations to $2$ decimal places. Round your final

answers to the nearest dollar.$)$