8. Homer Corp. had no short-term investments prior to year 2017. It had the following transactions involving short-term investments in available-for-sale securities during 2017 May 1 Paid $160,000 to buy 3-month U.S. Treasury bills (debt securities): $160,000 principal amount Aug. 1 Received a check for 12% interest, securities mature on July 31 principal and accrued interest on the U.S. Treasury bills that matured on July 31 15 Received a $1.20 per share cash dividend on the Twist Co stock 28 Sold 3,300 shares of Twist Co. stock at $28 per s share less a $660 brokerage fee. Oct. 1 Received a $2.20 per share cash dividend on the Delray Co. shares Required: Prepare the required journal entries for each of the transactions of Homer Corp. for the current year