The beginning Balance Sheet of Segui Corporation included the following: Long-Term Investment in NEW Software (equity-me

[answerhappygod]

The beginning Balance Sheet of Segui Corporation included thefollowing:
Long-Term Investment in NEW Software (equity-method investment)...................... €616,000
Segui completed the following investment transactions during theyear:
Mar 16 Purchased 1,500 shares ofHubbardston, Inc., ordinary shares as a long-term availablefor-sale investment, paying €12.75 per share.
May 21 Received cash dividend of €1.60 per share on theHubbardston investment.
Aug 17 Received cash dividend of €85,000 from NEW Software.
Dec 31 Received annual reports fromNEW Software; net income for the year was €500,000. Of this amountSegui’s proportion is 25%.
At year-end, the fair market values of Segui’s investments areas follows: Hubbardston, €26,100; NEW, €701,000.
Requirements:
Record the transactions in the journal of Segui Corporation.