The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2021 The company buys equity securities as noncurrent Investments. None of Ornamentals Investments are large enough to exert significant influence on the investee Ornamental's fiscal year ends on December 31. No Investments were held by Omamental on December 31, 2020 Map Adquared Distribution Transformers Corporation common stock for $460,00 Sep Acquired 5990,000 of American Instruments common stock. 30 Received $13,500 dividend on the Distribution Transformers common stock 5010 the Distribution Transformare common stock for $491, NON 1 Purchased $1,440,000 OF MEO Corporation common stock 91 recorded any necessary adjusting entry() relating to the investments, the maket prices of the investments are American Costruments conson stock Mt Corporation Stock $ 950, $1,520,000 Required: 1. Prepare the appropriate journal entry for each transaction or event during 2021. as well as any adjusting entiles necessary at your end 2. Indicate any amounts that Ornamental Insulation would reports 202. income statement 2021 statement of comprehensive income, and 12/312021 balance sheet as a result of these investments. Include totais for ner income comprehensive income, and Ketated earnings as a result of these investments, Complete this question by entering your answers in the tabs below. PARER Required 2 appropriate journal entry for each ansaction during 2021 busting antres necessary at year and stan Journal entry worksheet