Malea Company had the following transactions pertaining to stock investments:

Feb. 1 Purchased 800 shares of ABC common stock (2\%) for \(\$ 8,200\) cash plus brokerage fees of \(\$ 200\).

July 1 Received cash dividends of \(\$ 1\) per share on \(A B C\) common stock.

Sept. 1 Sold 300 shares of \(\mathrm{ABC}\) common stock for \(\$ 4,000\) less brokerage fees of \(\$ 100\).

Dec. 1 Received cash dividends of \(\$ 1\) per share on \(\mathrm{ABC}\) common stock.

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(a) Journalize the transactions.}

(b) Explain how dividend revenue and the gain (loss) on sale should be reported in the income statement.