Year1 January 2 Purchased 55,000 shares of Grecco Company common stockfor $461,000 cash. Grecco has 165,000 shares of common stockoutstanding, and its activities will be significantly influenced by Listed below are a few events and transactions of Kodax Company. Year 1 January 2 Purchased 55,000 shares of Grecco Company common stock for \( \$ 461,000 \) cash. Grecco has 165 , 000 shares of commo 2 answers