The folowing events are for King investment inc: 2025 Feb, 25 Purchased 189,480 shares of Jack Inc, comon shares for $172,380 (including transaction fees of 550 ), Jack has 947,49e : common shares outstanding-and has acknowledged the fact that its policies will be significantly influenced by king. Oct. 1 Jack declared and paid a cash dividend of 50,30 per share. Dec. 31 Jack anhounced that profit for the year amounted to 5655,620 , 2024 April I Jack declared and paid a cash dividend of 10.60 per share. Dec. 31 gack announced that profit for the year anounted to $782,180. 31 king sold 88,580 shares of Jack for $116;630. Required: Prepare general joumal entries to record each transaction. (Round per share calculations to 2 decimal places. Round your final answers to the nearest dollar.)