Exercise 17-11 (Part Level Submission) Novak Corporation made the following cash purchases of securities during 2017, which is the first year in which Novak invested in securities 1. On January 15, purchased 10.080 shares of Sanchez Company's common stock at $40.20 per share plus commission $2,060. 2. On April 1, purchased 5,080 shares of Vicario Coscommon stock at $62.40 per share plus commission $3,450. 3. On September 10, purchased 7,080 shares of WTA C's preferred stock at $31.80 per share plus common 54,990. On May 20, 2017, Novak sold 4,000 shares of Sancher Company's common per share were Sanchez 36, Vicario 66, and WTA 33.50. In addition, the in order to earn profits from precation in prices. The method of catamart price of $42 pershanele brokerage commons tend t o .30. The year and value accountant of Novak told you that the corporation and to hold the souties for the long-term but may sethem prope for the purchases (a) Prepare the journal entries to record the above three security purchases. (Round answers to decimal places.. 2,500. Credit account these are automatically indented when amount entered. Do not indent manually. If he entry is required, select "No Entry for the account titles and enter for the amount Account Titles and Explanation Credit