On January $3,$ Year $7,$ Nahla Corporation purchased the following trading securities as an investment:

Required:

a$.$ Prepare the joumal entry to record the acquisition of the investment.

b$.$ On June $30,$ Year $7,$ C Company paid interest of $$2,400.$ Frepare the joumal entry that would be used by Nahla to record the interest receipt.

c$.$ On December $31,$ Year $7,$ the market values per share were:

Prepare any joumal entry necessary to record these changes in market value.

d$.$ On March $14,$ Year $7,$ Nahla sold the investment in C Company for $$18$ per share. Prepare the journal entry to record the sale.