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please a. On February 15, paid $100,000 cash to purchase GMI's 90-day short-term notes at par, which are dated February 15 and pay 9% interest

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a. On February 15, paid $100,000 cash to purchase GMI's 90-day short-term notes at par, which are dated February 15 and pay 9% interest (classified as held-to-maturity). b. On March 22, bought 950 shares of Fran incorporated common stock at $46 cash per share. Cancun's stock investment results in it having an insignificant influence over Fran c. On May 15, received a check from GMI in payment of the principal and 90 days interest on the noles purchased in part a. d. On July 30, paid $30,000 cash to purchase MP Incorporated's 8%, six-month notes at par, dated July 30 (classified as trading securities) e. On September 1, received a $0.58 per share cash dividend on the Fran Incorporated common stock purchased in part b. f. On October 8, sold 475 shares of Fran incorporated common stock for $52 cash per share, g. On October 30, received a check from MP Incorporated for three months interest on the notes purchased in parte! Prepare journal entries to record the above transactions involving both the short-term and long-term investments of Cancun Corporation, all of which occurred during the current year (Use 360 days in a year. Do not round your intermediate calculations. Round your answers to the nearest whole dollar) a y reactions

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