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The following equity investment transactions were completed by Chung Company in 2016: Mar. 4 Purchased 4,000 shares of Jas Company for a price of $50

The following equity investment transactions were completed by Chung Company in 2016:

Mar. 4 Purchased 4,000 shares of Jas Company for a price of $50 per share plus a brokerage commission of $100.
May 12 Received a quarterly dividend of $0.75 per share on the Jas Company investment.
June 17 Sold 1,400 shares for a price of $44 per share less a brokerage commission of $80.

Journalize the entries for these transactions. Refer to the Chart of Accounts for exact wording of account titles.

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