Classifying accounting for stock investments

Dream Corporation generated excess cash and invested in securities, as follows:

2014

Jul 2	Purchased 3,600 shares of Bravo Inc. common stock at $13,000 per share. Dream hold the stock in its active trading account and plans to sell the stock within three months, when the company will need cash for normal operations
Aug 21	Received a cash dividend of $0.30 per share on the Bravo stock investment
Sep 16	Sold Bravo stock for $13.60 per share
Oct 8	Purchased 500 shares of Zigbo stock at $10,000 per share. The stock is held in the active trading account as Dream plans to hold Zigbo stock for less than five months
Dec 31	Zigbo stocks current market price is $9.00 per share

Requirements

Classify each of the investments made during 2014. (Assume the investments represents less than 20% of ownership of outstanding voting stock.)

Journalize the 2014 transactions. Explanations are not required.

Prepare T-accounts for the investment assets and show how to report the investments on Dreams balance sheet at December 31, 2014