Prepare journal entries to record the following transactions involving both the short-term and long-term investments of Cancun Corp., all of which occurred during calendar year 2015. Use the account Short-Term Investments for any transactions that you determine are short term. a. On February 15, paid $160,000 cash to purchase American General's 90-day short-term notes at par, which are dated February 15 and pay 10% interest (classified as held-to-maturity). b. On March 22, bought 700 shares of Fran Industries common stock at $51 cash per share plus a $150 brokerage fee (classified as long-term available-for-sale securities). c. On May 15, received a check from American General in payment of the principal and 90 days' interest on the notes purchased in transaction a. d. On July 30, paid $100,000 cash to purchase MP3 Electronics' 8% notes at par, dated July 30, 2015, and maturing on January 30, 2015 (classified as trading securities). e. On September 1, received a $1.00 per share cash dividend on the Frain Industries common stock purchased in transaction b. f. On October 8, sold 350 shares of Frain Industries common stock for $64 cash per share, less a $125 brokerage fee. g. On October 30, received a check from MP3 Electronics for three months' interest on the notes purchased in transaction d.