1. Record the purchase of the Medical Company common stock.
2. Record the purchase of the Olde Company common stock.
3. Record the receipt of dividends on the Medical Company stock.
4. Record the investment revenue for Olde Company.
5. Record the purchase of the Alpha Company bonds.
6. Record the gain or loss on the Medical Company common stock.
7. Record the gain or loss on the Alpha Company common stock.

Feb. time. Jackson Company engaged in the following investment transactions during the current year. 17 Purchased 430 shares of Medical Company common stock for $15 per share plus a brokerage commission of $150. Jackson does not have significant influence over Medical and expects to hold the security for a short amount of April 1 Bought 23,000 of the 100,000 outstanding shares of Olde Company for $230,000. Goodwill of $73,000 was included in the price. 25 Received a $1.30 per share dividend on Medical Company stock. 30 Olde Company reported second-quarter profits of $13,000. Oct. 1 Purchased 1,300 bonds of Alpha Company for $14 per bond plus a brokerage fee of $330. These bonds are classified as securities available-for-sale. Dee. 31 Medical Co. shares are selling for $20 and Alpha bonds are selling for $11. Required: Prepare the appropriate journal entries to record the transactions for the year, including year-end adjustments. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) June June