Transactions for common stock and trading investments

Zeus Investments Inc. is a regional freight company that began operations on January $1,20$Y$8.$ The following transactions relate to trading securities acquired by Zeus Inc., which has a fiscal year ending on December $31$:

$20$Y$8$

Feb. $14.$ Purchased $3,500$ shares of Apollo Inc. common stock at $$30$ per share plus a brokerage commission of $$700.$ Apollo Inc. has $135,700$ shares of common stock outstanding.

Apr. $1.$ Purchased securities of Ares Inc. as a trading investment for $$20,740.$

June $1.$ Sold $800$ shares of Apollo Inc. for $$31$ per share less a $$100$ brokerage commission.

June $27.$ Received an annual dividend of $$0\mathrm{.}13$ per share on $2,700$ shares of Apollo Inc. stock.

Oct. $15.$ Sold the remaining shares of Apollo Inc. for $$29$ per share less a $$22$ brokerage commission.

Dec. $31.$ The trading securities of Ares Inc. have a fair value on December $31$ of $$25,740.$

$20$Y$9$

Mar. $14.$ Purchased securities of Athena Inc. as a trading investment for $$52,725.$

July $30.$ Sold securities of Athena Inc. that cost $$10,545$ for $$8,610.$

Dec. $31.$ The fair values of the Ares Inc. and Athena Inc. securities are as follows:

Issuing Company Cost Fair Value

Ares Inc. $$20,740$ $$22,100$

Athena Inc. $81,54091,800$

Required:

$1.$ 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.