2. On February 1, 2015, Michelle Co. decides to invest excess cash of $20,000 by purchasing 1,000 shares of Celina, Inc. stock at $30 per share. On July 1, 2015, Celina, Inc declared and paid $0.50 dividend per share. At year-end, December 31, 2015, Celina's market price was $23 per share. On July 1, 2016, Celina, Inc., declared and paid $0.30 dividend per share. At year-end, December 31, 2016, market price was $40 per share. The investment is categorized as a trading investment. (25%) Required: 1. Prepare journal entries for: a. February 1, 2015 b. July 1, 2015 C. December 31, 2015 d. July 1, 2016 e. December 31, 2016 2. What was the net effect of the investment on Michelle Co. net income for the year ended December 31, 2015