l. Cash received from sales of merchandise 2. Paid cash dividends. 3. Cash paid for utilities. 4. Interest revenue received. 5. Received cash from sale of land at a gain. 23. On March 20, 2016. ALOE Corporation purchases 1,000 shares of Colson Corp common stock for $37 cash per share plus a $110 brokerage fee. This is their first and only investment. The 1,000 shares do not represent a significant influence. ALOE intends to hold on to these shares for the foreseeable future because Colson Corp has a history of paying cash dividends Prepare journal entries to record the investment-related transactions below. (12 pts) a) Record ALOE's purchase of Colson Corp common stock on 3/20/16. b) Record receipt of a $1.50 per share cash dividend on the Colson stock on July 18, 2016. ALOE's year end is December 31,2016. On that date, the Colson stock is worth $42 per s on the open market. Record any required journal entry. c) d) On March 15, 2017. ALOE sells al 1,000 shares of Colson Corp stock for $47 per share, $120 brokerage fee. Record the journal entry