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PE 15-2A Stock investment transactions OBJ. 3 On February 10, 15,000 shares of Sting Company are acquired at a price of $25 per share plus

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PE 15-2A Stock investment transactions OBJ. 3 On February 10, 15,000 shares of Sting Company are acquired at a price of $25 per share plus a $150 brokerage commission. On April 12, a $0.40-per-share dividend was received on the Sting Company stock. On May 29, 6,000 shares of the Sting Company stock were sold for $32 per share less a $120 brokerage commission. Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method

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