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The following events are for Toronto Investment Inc.: 2023 Jan. 14 Purchased 18,520 shares of Quatro Inc. common shares for $169,900 (including transaction fees of

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The following events are for Toronto Investment Inc.: 2023 Jan. 14 Purchased 18,520 shares of Quatro Inc. common shares for $169,900 (including transaction fees of $50 ). Quatro has 92,600 comeon shares outstanding and has acknowledged the fact that its policies will be significantiy influenced by Toronto. oct. 1 Quatro declared and paid a cash dividend of $3.90 per share. Dec, 31 Quatro announced that profit for the year amounted to $663,000. 2024 April 1 Quatro declared and paid a cash dividend of $4.00 per share. Dec. 31 Quatro announced that profit for the year amounted to $746,100. 31 Toronto sold 7,300 shares of Quatro for $110,820. 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.)

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