1. On February 15, paid $170,000 cash to purchase AmericanGeneral's 90-day short-term notes at par, which are dated February15 and pay 8% interest (classified as held-to-maturity).
2. On March 22, bought 900 shares of Fran Industries common stockat $24 cash per share plus a $180 brokerage fee (classified aslong-term available-for-sale securities).
3. On May 15, received a check from American General in payment ofthe principal and 90 days' interest on the notes purchased intransaction a.
4. On July 30, paid $51,000 cash to purchase MP3 Electronics' 7%notes at par, dated July 30, 2017, and maturing on January 30, 2018(classified as trading securities).
5. On September 1, received a $0.36 per share cash dividend on theFran Industries common stock purchased in transactionb.
6. On October 8, sold 450 shares of Fran Industries common stockfor $30 cash per share, less a $160 brokerage fee.
7. On October 30, received a check from MP3 Electronics for threemonths’ interest on the notes purchased in transactiond.

Prepare journal entries to record the above transactions involvingboth the short-term and long-term investments of Cancun Corp., allof which occurred during calendar-year 2017. Use the accountShort-Term Investments for any transactions that you determine areshort term. (Use 360 days in a year. Donot round your intermediate calculations.)