On January 1, 2016, Dim Corporation made 2 investment acquisitions for their portfolio:

* Dim purchased 1,000 bonds of Witt Corporation for $800 per bond and classified the investment as securities available for sale. They were purchased at par with an interst rate of 8%.

* Dim purchased 10% of the stock of Sonny Enterprises for $1,000,000.

At the end of 2016, the value of the Witt holdings was $400 per bond on December 31, 2016 and interest was received. Sonny Enterprises recognized a total of $400,000 net income during 2016, paid $30,000 of dividends to Dim during 2016, and the market value of the Sonny investment increased to $1,040,000.

On January 1, 2017, Dim sold the Sonny investment for $1,100,000.

On December 31, 2017, the value of the Witt holdings was $300 per bond and the annual interest was received.

On February 1, 2018. Dim sold all of its Witt bonds at $350 per share. (Ignore 2018 interest.)

Required: Prepare the journal entries necessary for 2016, 2017, and 2018 for each investment purchased by Dim.