Stock Investment Transactions On February 12, 2,300 shares of Collins Company are acquired at a price of $38 per share plus a $115 brokerage fee. On April 22, a $1.00-per-share dividend was received on the Collins Company stock. On May 10, 920 shares of the Collins Company stock were sold for $32 per share less a $46 brokerage fee. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method.

Feb. 12 - Purchase
investments-collins company
cash
Apr. 22 - Dividend
cash
dividend revenue
May 10 - Sale
cash
loss on sale of investments
investments-collins company