Journalize the entries to record the following selected equity investment transactions completed by Perry Company during the current year. Perry accounts for this investment using the cost method. 
Definitions:
Monolithic Bias
The tendency to view a diverse group as more homogenous and uniform than it actually is.
Overcome
To successfully deal with or gain control of something difficult.
Security Interest
A legal right or claim on assets granted to a creditor to secure the repayment of a loan, ensuring the asset's availability for seizure in case of default.
Lease
A contractual agreement where one party (the lessor) grants another party (the lessee) the right to use an asset for a specified period in exchange for payment.
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