3 1 issued 1 000 shares of 10 par value common stock at 52 per share for cash 3 380560

3/1. issued 1,000 shares of $10 par value common stock at $52 per share for cash 3/15.purchased with cash 100 shares of Treasury stock at $25 per share 4/30.sold for cash 50 shares of Treasury stock that was purchased at $28 per share 6/1.delcared a dividend of $1.00 per share on the outstanding shares of common stock at 6/1 6/30 paid the dividend declared on 6/1 7/1 issued $1,000,000 of 5 year, 5% bonds at 97 7/1 purchased 2,500 shares of the 10,000 outstanding common shares of Fyer,inc. for $75,000(holdings over 20% represent significant influence over investee requiring the equity method of accounting) 10/1 received a cash dividend of $1 per share on the Fyer, inc, stock acquired on 7/1 12/31 semiannual payment of interest expense on $1,000,000 of 5% bonds issued 7/1 12/31 amortization of bond discount or premium using the straight line method of amortization (for 6 month period) 12/31 Fyer, inc. reported net income of $10,000 for the 6 month period just ended. Provide the entry to record the appropriate share of income as warranted accruing to Dryer and Bryer, inc.