Sa Wiey Coyole inc. acquired 10% of the 400.000 shares of comman sick of RoadRunnar e at a tal cost of $10 per share on July 18, 2022 On August 30, RoadRunner declared and paid a $75,000 dividend On December 31, Wiey Coyote Inc reported viet income of $244,000 for the year. What are the journal entries for Wiley Coyote Inc on July 18 and on December 21?
Wilay Geystic acquired 10% of the 400,000 shares of common stock of RoadRunner inc at a total cost of $10 per share on July 18, 2022. On August 30, Rauer deren 000 On December 31, Wiley Coyole Inc reported riet income of $244,000 for the year. What are the youmal entries for Wey Coyote nc on July 18 and on December 31?