Exercise 1513 (Algo) Transactions in held-to-maturity, trading, and stock investments LO P1, P2, P4 a. On February 15, paid $190,000 cash to purchase GMI's 90 -day short-term notes at par, which are dated February 15 and pay 8% interest (classified as held-to-maturity). b. On March 22, bought 900 shares of Fran Incorporated common stock at $32 cash per share: Cancun's stock Investment results in it having an insigniflcant influence over Fran. c. On May 15, recelved a check from GMI in payment of the principal and 90 days' interest on the notes purchased in part a. d. On July 30, paid $57,000 cash to purchase MP Incorporated's 7%, six-month notes at par, dated July 30 (classified as trading securities). e. On September 1, recelved a $0.52 per share cash dividend on the Fran Incorporated common stock purchased in part b. f. On October 8, sold 450 shares of Fran Incorporated common stock for $38 cash per share. 9. On October 30, recelved a check from MP Incorporated for three months' interest on the notes purchased in part d. Prepare journal entries to record the above transactions involving both the short-term and long-term investments of Cancun Corporation, all of which occurred during the current year. Note: Use 360 days in a year. Do not round your intermediate calculations. Round your answers to the nearest whole dollar