On March 13, Android Corporation acquired 4,500 shares of the 100,000 outstanding Tannis Inc. common shares at $32 per share plus brokerage fees of $250. On August 16, a cash dividend of $1.20 per share was received. On December 8, 1,500 shares were sold at $39 per share, less brokerage fees of $115.
Record the entries for
(a) The purchase of shares,
(b) The receipt of dividends,
(c) The sale of 1,500 shares. These shares were classified as held-for-trading investments.