On August 4, 2015, Jeffrey Corporation purchased 4,000 shares of Kevin Company for $224,000. The following information applies to the stock price of Kevin Company:

	Price
12/31/2015	$	55
12/31/2016		60
12/31/2017		64

Kevin Company declares and pays cash dividends of $3.00 per share on June 1 of each year.

1. Prepare journal entries to record the facts in the case, assuming that Jeffrey purchased the shares for the trading securities portfolio.

A).Record the appropriate journal entry on August 04, 2015.

B).Record the appropriate journal entry on December 31, 2015.

C).Record the appropriate journal entry on June 01, 2016.

D). Record the appropriate journal entry on December 31, 2016.

E). Record the appropriate journal entry on June 01, 2017.

F). Record the appropriate journal entry on December 31, 2017.