SouthCo has the following securities in its investment portfolio on December 31, 2014. All these securities were purchased in 2014.

• 1,000 shares of Velor Inc. common shares, which cost $58,000 and had a fair value of $61,900 at the end of 2014. SouthCo accounts for this investment as available for sale.
• 10,000 shares of Barton Corporation common stock, which cost $500,000 and had a fair value of $511,000 at the end of 2014. SouthCo accounts for this investment as available for sale.
• Gulf Corp. 6% bonds, $500,000 par value, purchased for $527,751; amortized cost was $518,861 at the end of 2014. The market interest rate had been 4% when the bond was acquired, and interest is paid annually at the end of each year.

In 2015, the following transactions occurred:

1. April 1 : A dividend of $3 per share was received on the Velor Inc. shares.
2. May 3 : Sold the Barton Corporation shares for $530,000.
3. June 21 : Purchased 8,000 shares of Bentley Inc. for $64 per share. SouthCo accounts for this investment as held for trading.
4. September 3 : 600 Velor Inc. shares were then sold for $38,140.
5. December 31 : The annual interest was received on the Gulf Corp. bond; interest revenue is measured using the effective-interest method.
6. December 31 : Market values at the end of the year: Velor Inc., $58 per share, Barton Corporation, $46 per share, and Bentley Inc., $69 per share.

Prepare journal entries for the 2015 transactions and events. The company records dividends, interest income, amortization and holding gains (losses) separately to facilitate income tax preparation. Please make sure your final answer(s) are accurate to the nearest whole number. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan).