On July 31, 2017, Blue Company engaged Minsk Tooling Company to construct a special-purpose piece of factory machinery. Construction was begun immediately and was completed on November 1, 2017. To help finance construction, on July 31 Blue issued a $296,400, 3-year, 12% note payable at Netherlands National Bank, on which interest is payable each July 31. $194,400 of the proceeds of the note was paid to Minsk on July 31. The remainder of the proceeds was temporarily invested in short term marketable securities (trading securities) at 10% until November 1 On November 1, Blue made a final $102,000 payment to Minsk. Other than the note to Netherlands, Blue's only outstanding liability at December 31, 2017, is a $28, 100, 896, 6-year note payable, dated January 1, 2014, on which interest is payable each December 31 9 Prepare the journal entries needed on the books of Blue Company at each of the following dates. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (1) July 31, 2017, (2) November 1, 2017 (3) December 31, 2017 To record the note.) (To record the payment to Minsk.) (To record the proceeds from the investment) To record the payment to Minsk.)