. Investments are classified as available-for sale (for same four transactions from a). (i) prepare journal entries to record the four transactions, (ii) post the journal entries to their respective T-accounts, and (iii) record each of the transactions in the financial statement effects template.

(1) Ohlson Co. purchases 5,200 common shares of Freeman Co. at $16 cash per share.

(2) Ohlson Co. receives a cash dividend of $1.25 per common share from Freeman.

(3) Year-end market price of Freeman common stock is $17.5 per share.

(4) Ohlson Co. sells all 5,200 common shares of Freeman for $86,600 cash.

(i) prepare journal entries to record the four transactions,

(ii) post the journal entries to their respective T-accounts, and

(iii) record each of the transactions in the financial statement effects template.