Jackson Company engaged in the following investment transactions during the current year. Feb. 17 Purchased 540 shares of Medical Company common stock for $25 per share plus a brokerage commission of $50. Jackson does not have significant influence over Medical. April 1 Bought 34,000 of the 100,000 outstanding shares of Olde Company for $340,000. Goodwill of $84,000 was included in the price. June 25 Received a $1.10 per share dividend on Medical Company stock. June 30 Olde Company reported second-quarter profits of $24,000. Oct. 1 Purchased 2,400 bonds of Alpha Company for $16 per bond plus a brokerage fee of $440. These bonds are classified as securities available-for-sale. Dec. 31 Medical Co. shares are selling for $30 and Alpha bonds are selling for $13. Required: Prepare the appropriate journal entries to record the transactions for the year, including year-end adjustments. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list