2. Prepare journal entries to record the following transactions involving both the short-term and long-term investments of HDX Inc., all of which occurred during Year 1. a. On February 15, paid $100,000 cash to purchase Apex's 90-day short-term notes at par, which are dated February 15 and pay 5% interest (classified as held-to-maturity). b. On March 22, bought 1,000 shares of Fox Industries common stock (2% of Fox's outstanding stock) at $25 cash per share plus a $250 brokerage fee. C. On May 15, received a check from Apex in payment of the principal and 90 days' interest on the notes purchased in transaction a. The note stated that the bankers rule would be applied in calculating interest. d. On July 30, paid $80,000 cash to purchase 40% of Maxwell Electronics' outstanding shares of common stock. e. On September 1, received a $1.50 per share cash dividend on the Fox Industries common stock purchased in transaction b. f. g. On October 8, sold 500 shares of Fox Industries common stock for $30 cash per share. On December 31, Maxwell Electronics' (from d above) reported $100,000 of net income. h. On December 31, HDX received a $1,000 payment from Maxwell for dividends. i. At December 31, the market value of Fox common stock is $28 per share.