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

Year 1
Feb. 14.	Purchased 3,000 shares of Apollo Inc. as a trading security at $31 per share plus a brokerage commission of $600.
Apr. 1.	Purchased 1,400 shares of Ares Inc. as a trading security at $12 per share plus a brokerage commission of $280.
June 1.	Sold 700 shares of Apollo Inc. for $32 per share less an $90 brokerage commission.
June 27.	Received an annual dividend of $0.11 per share on Apollo stock.
Dec. 31.	The portfolio of trading securities was adjusted to fair values of $35 and $13 per share for Apollo Inc. and Ares Inc., respectively.
Year 2
Mar. 14.	Purchased 1,300 shares of Athena Inc. as a trading security at $36 per share plus a $195 brokerage commission.
June 26.	Received an annual dividend of $0.14 per share on Apollo Inc. stock.
July 30.	Sold 200 shares of Athena Inc. for $30 per share less a $60 brokerage commission.
Dec. 31.	The portfolio of trading securities had a cost of $128,605 and fair value of $124,100, requiring a credit balance in Valuation Allowance for Trading Investments of $4,505 ($128,605 - $124,100). Thus, the debit balance from December 31, Year 1 is to be adjusted to the new balance.

Required:

1. Journalize the entries to record these transactions. For a compound transaction, 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.

2. Prepare the investment-related current asset balance sheet presentation for Zeus Investments Inc. on December 31, Year 2.