Zanadu Shoes, Inc. completed the following investment transactions during 2025 and 2026: View the transactions. Requirements 1. Journalize Zanadu Shoes, Inc. lavestment transactions. Explanations are not required. 2. On December 31, 2025how would the Brookletstock be classified and at what value would it be reported on the balance sheet? Requirement 1. Journalize Zanadu Shoes, Inc.'s investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining fields blank.) Dec. 6, 2025: Purchased 1,100 shares of Brooklet stock at a price of $38.00 per share, intending to sell the investment next month. Zanadu Shoes, Inc. did not have significant influence over Brooklet. Date Dec. 6, 2025 Accounts Debit Credit Transactions Dec. 6, 2025 Purchased 1,100 shares of Brooklet stock at a price of $38.00 per share, intending to sell the investment next month. Zanadu Shoes, Inc. did not have significant influence over Brooklet. Received a cash dividend of $1.70 per share on the Brooklet stock. Dec. 23, 2025 Dec. 31, 2025 Adjusted the investment to its fair value of $33.00 per share. Jan. 27, 2026 Sold the Brooklet stock for $37.10 per share. -