Transactions for common stock and trading investments Zeus Investments Inc. is a regional freight company that began operations on January 3, 2018. The following transactions relate to trading securities acquired by Zeus Inc., which has a fiscal year ending on December 31: 2018 Feb. 14. Purchased, 3,200 shares of Apollo Inc. common stock at $31 per share plus a brokerage commission sil $640. Apollo Inc. has 129.840 shares of common stock outstanding Apr. 1. Purchased securmies of Ares Inc. as a trading investment for $18.3000 June 1. Sold 800 shares of Apollo Inc. for $32 per share less a $100 brokerage commission. June 27. Received an annual dividend of $0.12 per share on 2,400 shares of Apollo Inc. stock. Oct. 15. Sold the remaining shares of Apollo Inc. for $30 per share less a $22 brokerage commission. Dec. 31. The trading securities of Ares Inc. have a fair value on December 31 of $23,300. 2019 Mar. 14. Purchased securities of Athena Inc. as a trading investment for $50,610. July 30. Sold securities of Athena Inc. that cost $10,845 for $8,910. Dec. 31. The fair values of the Ares Inc. and Athena Inc. securities are as follows: Issuing Company Cost Fair Value Ares Inc. Athena Inc. Required: $18,300 74,880 $19,500 84,000 1. Journalize the entries to record the preceding transactions, including any December 31 adjusting entries. If an amount box does not require an entry, leave it blank. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. 3,200 x 31+ 640 = 99,840 Date Description Debit Credit 20YB april 1 Feb. 14 Apr. 1 June 1 800X 32-100 25,500 99,840 x 2 119, 808 1/2