WestCo has the following securities in its investment portfolio on December 31, 2014 All these securities were purchased in 2014 300 shares of X cell Inc common shares, which cost $17,400 and had a fair value of $20,200 at the end of 2014 WestCo accounts for this investment as available for sale 7,000 shares of Zcom Inc common stock, which cost $420,000 and had a fair value of $450,000 at the end of 2014 WestCo accounts for this investment as available for sale Bentley Inc 6 bonds, $200,000 par value, purchased for $211,100 amortized cost was $207,544 at the end of 2014 The market interest rate had been 4 when the bond was acquired, and interest is paid annually at the end of each year In 2015, the following transactions occurred January 15 Sold the Zcom Inc shares for $436,000 March 1 A dividend of $2 per share was received on the X cell Inc shares October 13 90 X cell Inc shares were then sold for $10,060 October 19 Purchased 5,000 shares of Vision Consulting Inc for $67 per share WestCo accounts for this investment as held for trading December 31 The annual interest was received on the Bentley Inc bond interest revenue is measured using the effective interest method December 31 Market values at the end of the year X cell Inc , $66 per share, Zcom Inc , $63 per share, and Vision Consulting Inc , $64 per share Prepare journal entries for the 2015 transactions and events The company records dividends, interest income, amortization and holding gains (losses) separately to facilitate income tax preparation Please make sure your final answer(s) are accurate to the nearest whole number Enter an appropriate description when entering the transactions in the journal Dates must be entered in the format dd mmm (ie January 15 would be 15 Jan)

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WestCo has the following securities in its investment portfolio on December 31, 2014. All these securities were purchased in 2014. 300 shares of X-cell Inc.

WestCo has the following securities in its investment portfolio on December 31, 2014. All these securities were purchased in 2014.

300 shares of X-cell Inc. common shares, which cost $17,400 and had a fair value of $20,200 at the end of 2014. WestCo accounts for this investment as available for sale.
7,000 shares of Zcom Inc. common stock, which cost $420,000 and had a fair value of $450,000 at the end of 2014. WestCo accounts for this investment as available for sale.
Bentley Inc. 6% bonds, $200,000 par value, purchased for $211,100; amortized cost was $207,544 at the end of 2014. The market interest rate had been 4% when the bond was acquired, and interest is paid annually at the end of each year.

In 2015, the following transactions occurred:

January 15 : Sold the Zcom Inc. shares for $436,000.
March 1 : A dividend of $2 per share was received on the X-cell Inc. shares.
October 13 : 90 X-cell Inc. shares were then sold for $10,060.
October 19 : Purchased 5,000 shares of Vision Consulting Inc. for $67 per share. WestCo accounts for this investment as held for trading.
December 31 : The annual interest was received on the Bentley Inc. bond; interest revenue is measured using the effective-interest method.
December 31 : Market values at the end of the year: X-cell Inc., $66 per share, Zcom Inc., $63 per share, and Vision Consulting Inc., $64 per share.

Prepare journal entries for the 2015 transactions and events. The company records dividends, interest income, amortization and holding gains (losses) separately to facilitate income tax preparation. Please make sure your final answer(s) are accurate to the nearest whole number. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan).