On January 1, 2015, Fine Corporation purchased a held-for-collection debt investment from Henry Inc. for 65,118, with

a 6% return. The 5-year bond of Henry Inc. has a par value of 60,000 and nominal rate of 8%. The bond pays interest

twice a year, on January 1 and July 1 every year.

Fine Corporation also purchased 400 ordinary shares of Shark Inc. for 13,200 on March 20, 2015. Fine Corporation has

an active trading business model for this investment. On July 30, 2015, Fine Corporation received a cash dividend of

3.25 per share. On December 31, 2015, the stock price of Shark Inc. is 34.50 per share.

Suppose you are working in Fine Corporation, please do the following:

1. Prepare all the journal entries related to the bond investment in 2015 (write necessary calculations if any.)

2. Prepare all the journal entries related to the share investment in 2015 ( write necessary calculations if any. )

Account	Debit	Credit