Jackson Company engaged in the following investment transactions during the current year Feb. 17 Purchased 520 shares of Medical Company common stock for $15 per share plus a brokerage commission of $150. Jackson does not have significant influence over Medical. April 1 Bought 32,000 of the 100,000 outstanding shares of olde Company for $320,000. Goodwill of $82,000 was included in the price. June 25 Received a $1.30 per share dividend on Medical Company stock. June 30 Olde Company reported second-quarter profits of $22,000. Oct. 1 Purchased 2,200 bonds of Alpha Company for $14 per bond plus a brokerage fee of $420. These bonds are classified as securities available-for-sale. Dec. 31 Medical Co. shares are selling for $20 and Alpha bonds are selling for 511. 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.) Dec. 31 Medical Co. shares are selling for $20 and Alpha bands are selling for $11. 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 Journal entry worksheet 1 2 3 4 5 6 7 Record the purchase of the Medical Company common stock Note Enter debits before credits General Journal Debut Credit Date Feb 17 Record entry Clear entry Viewoneralforsal