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please help me with ALL the journal entries!

On January 4, 2024, Rumyan Bakery paid \$352 million for 10 million shares of Lavery Labeling Company common stock. The investment represents a 30% interest in the net assets of Lavery and gave Runyan the ability to exercise significant influence over Lavery's operations. Runyan recelved dividends of $2.00 per share on December 15, 2024, and Lavery reported net income of $290 million for the year ended December 31, 2024. The market value of Lavery's common stock at December 31,2024 , was $34 per share. On the purchase date, the book value of Lavery's identifiable net assets was $940 million and: a. The fair value of Laverys depreciable assets, with an average remaining useful life of nine years, exceeded their book value by $90 million. b. The remainder of the excess of the cost of the investment over the book value of net assets purchased was attributable to goodwill. Required: 1. Prepare all appropriate joumal entries related to the investment during 2024, assuming Runyan accounts for this investment by the equity method. 2. Prepare the journal entries required by Runyan, assuming that the 10 million shares represent a 10% interest in the net assets of Lavery rather than a 30% interest. Complete this question by entering your answers in the tabs below. Prepare all appropriate journal entries related to the investment during 2026, assuming Runyan accounts for this investment by the equity method. Note: If no entry is required for a transaction/event, seiect "No journal entry required" in the first account feld. Enter your answers in millions (1.e, 10,000,000 should be entered as 10). Journal entry worksheet Prepare all appropriate journal entries related to the investment during 2024, assuming Runyan accounts for this investment by the equity method. Note: If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions (1.e., 10,000,000 should be entered as 10). Journal entry worksheet 5 Record the purchase of Lavery Labeling stock for $352 million. Note: Enter debits befoce condits. rether than a 30h interest. minons 0.e, 10,000,000 should be entred as 10 ? Journal entry worksheet Record the purchase of Lavery Labeling steck fer $352 mition. Nobe: Enter debta belare crobla

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