FINANCIAL ACCOUNTING II On July 1, 2018, the Churab Company paid $190,000 in return for a 5% interest (9,500 shares) in the UNCY Corporation's common stock. On December 21, 2018, UNCY paid all of its stockholders a cash dividend of $1.00 a share. On December 31, 2018, UNCY's common stock had a market value of $35 a share. On August 31, 2019, UNCY declared a 3-for-1 stock split of its common stock. On November 30, 2019, UNCY issued 100,000 shares of preferred stock that would be convertible, at the option of its stockholders, into 60,000 shares of common stock no earlier than 2022. On December 31, 2019, UNCY's common stock had a market value of $32 a share. On February 1, 2020, Churab sold 4,000 shares of its UNCY stock for $68 a share. On December 21, 2020, UNCY paid all of its stockholders a cash dividend of $1.00 a share. On December 31, 2020, UNCY's common stock had a market value of $70 a share. Provide all of the journal entries that the Churab Company would make for the investment activity described above. FINANCIAL ACCOUNTING II On July 1, 2018, the Churab Company paid $190,000 in return for a 5% interest (9,500 shares) in the UNCY Corporation's common stock. On December 21, 2018, UNCY paid all of its stockholders a cash dividend of $1.00 a share. On December 31, 2018, UNCY's common stock had a market value of $35 a share. On August 31, 2019, UNCY declared a 3-for-1 stock split of its common stock. On November 30, 2019, UNCY issued 100,000 shares of preferred stock that would be convertible, at the option of its stockholders, into 60,000 shares of common stock no earlier than 2022. On December 31, 2019, UNCY's common stock had a market value of $32 a share. On February 1, 2020, Churab sold 4,000 shares of its UNCY stock for $68 a share. On December 21, 2020, UNCY paid all of its stockholders a cash dividend of $1.00 a share. On December 31, 2020, UNCY's common stock had a market value of $70 a share. Provide all of the journal entries that the Churab Company would make for the investment activity described above