Prepare general journal entries for the following transactions involving short-term securities (assume no investments were held prior to the following transactions):(a) Feb 16: Purchased 1,700 Flay Corp shares at $45 per share.(b) Mar 28: Sold 200 shares of Flay Corp at $35 per share.(c) April 2: Received a $2.50 per share dividend on the Flay Corp shares.(f) April 30: The company is preparing quarterly statements. Fair values of Flay Corp is $37 per share.