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0. On February 15 , paid $180,000 cash to purchase GMIs 90 -day short-term notes at par, which are dated February 15 and pay 7%

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0. On February 15 , paid $180,000 cash to purchase GMIs 90 -day short-term notes at par, which are dated February 15 and pay 7% interest (classified as held-to-maturity). b. On March 22 bought 950 shares of Fran Incorporated common stock at $45 cash per share. Cancun's stock investment results in it having an insignificant influence over Fran c. On May 15 , receved a check from GMI in payment of the principal and 90 days' interest on the notes purchased in part a d. On July 30, paid $54,000 cash to purchase MP Incorporated's 6\%, six-month notes at par, dated July 30 (classified as trading securities) e. On September 1, recelved a $038 per share cash dividend on the Fran incorporated common stock purchased in part b. f. On October 8 , sold 475 shares of Fran incorporated common stock for $5t cash per share g. On October 30 , received a check from MP Incorporated for three months' interest on the notes purchased in part d. Prepare journal entries to iecord the above transactions involving both the Ghortterm and long-term investments or C ancun Corporation, all of which occurred during the current yeat Note: Use 360 days in o year. Do not round your intermediate calculotions. Round your answers to the nearest whole dollor

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