Requirements 1. Classify each of the investments made during 2018. (Assume the equity investments represent less than 20% of ownership of outstanding voting stock.) 2. Journalize the 2018 transactions. Explanations are not required. 3. Prepare T-accounts for the investment assets, and show how to report the investments on Jetway's balance sheet at December 31, 2018. 4. Where is the unrealized holding gain or loss associated with the trading debt investment reported? 2018 Purchased 4,200 shares of Pogo, Inc. common stock at $12.00 per share. Jetway plans to sell the stock within three months, when the company will need the cash for normal operations. Jetway does not have significant Jul. 2 influence over Pogo. Aug. 21 Received a cash dividend of $0.80 per share on the Pogo stock investment. Sep. 16 Sold the Pogo stock for $13.40 per share. Purchased a Violet bond for $20,000 at face value. Jetway classifies the Oct. 1 investment as trading and short-term. Dec. 31 Received a $100 interest payment from Violet. Dec. 31 Adjusted the Violet bond to its market value of $22,000