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:
FICA Social Security
A U.S. government program funded through payroll taxes that provides benefits to retirees, disabled individuals, and survivors.
FICA Medicare
FICA Medicare refers to the portion of the Federal Insurance Contributions Act tax that is designated for Medicare, providing health insurance for individuals over 65 and some younger people with disabilities.
Gross Pay
The total amount of money earned by an employee before any deductions or taxes are applied.
Regular Rate
The hourly pay rate that is used to calculate overtime pay for non-exempt employees according to the Fair Labor Standards Act (FLSA).
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