7. (10 points) Bonneau Company had the following transactions relating to investments in available-for-sale securities during the year. Prepare the required general journal entries for these transactions: July 4 Bonneau purchased 400 shares of Crossley Company stock at $120 per share plus a $400 brokerage fee. These stocks will be classified as Available-for-Sale securities. Sept 15 Bonneau received a $1.50 per share cash dividend on the Crossley Company stock. Dec 31 The fair value of the Crossley Company stock (the only investment that Bonneau owns) is $125 per share. The balance of the Fair value Adjustment-AFS account had a zero balance prior to adjustment. Date Debit Credit