EastCo has the following securities in its investment portfolio on December 31, 2014. All these securities were purchased in 2014. 200 shares of Velor Inc. common shares, which cost $12,200 and had a fair value of $16,000 at the end of 2014. EastCo accounts for this investment as available for sale. 2,000 shares of ABC Inc. common stock, which cost $96,000 and had a fair value of $109,000 at the end of 2014. EastCo accounts for this investment as available for sale. Benson Inc. 8% bonds, $600,000 par value, purchased for $632,076; amortized cost was $622,001 at the end of 2014. The market interest rate had been 6% when the bond was acquired, and interest is paid annually at the end of each year. In 2015, the following transactions occurred: a. April 9 : Purchased 2,000 shares of XYZ Corporation for $56 per share. EastCo accounts for this investment as held for trading. b. May 12 : Sold the ABC Inc. shares for $97,000. c. June 1: A dividend of $2 per share was received on the Velor Inc. shares. d. August 2: 80 Velor Inc. shares were then sold for $9,400. e. December 31: The annual interest was received on the Benson Inc. bond; interest revenue is measured using the effective-interest method. f. December 31 : Market values at the end of the year: Velor Inc., $75 per share, ABC Inc., $50 per share, and XYZ Corporation, $58 per share. Prepare journal entries for the 2015 transactions and events. The company records dividends, interest income, amortization and holding gains (losses) separately to facilitate income tax preparation. Please make sure your final answer(s) are accurate to the nearest whole number. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan). General Journal Page G8 PR Debit Credit Date Account/Explanation