Transactions for common stock and trading investments Zeus Investments Inc. is a regional freight company that began operations on January 1, 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 3,000 shares of Apollo Inc. common stock at $32 per share plus a brokerage commission of $600. Apollo Inc. has 126,600 shares of common stock outstanding. Apr. 1. Purchased securities of Ares Inc. as a trading investment for $18,480. June June Oct. Dec. 2019 1. Sold 700 shares of Apollo Inc. for $33 per share less a $90 brokerage commission. 27. Received an annual dividend of $0.15 per share on 2.300 shares of Apollo Inc. stock, 15. Sold the remaining shares of Apollo Inc. for $31 per share less a $23 brokerage commission. 31. The trading securities of Ares Inc. have a fair value on December 31 of $23,480 Mar 14. Purchased securities of Athena Inc. as a trading investment for $48,295. July 30. Sold securities of Athena Inc. that cost $7,430 for $6,140. 31. The fair values of the Ares Inc. and Athena Inc. securities are as follows: Dec. Issuing Company Cost Fair Value Ares Inc. Athena Inc. Required: $18,480 74,060 $19,600 82,800 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.