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On February 1, Minitori Company purchased 900 shares (2% ownership) of Becker Company common stock for $30 per share plus brokerage fees of $540. On March 20, Minitori Company sold 180 shares of Becker stock for $5,220, less a $78 brokerage fee. Minitori received a dividend of $2 per share on April 25. On June 15, Minitori sold 360 shares of Becker stock for $13,320, less a $81 brokerage fee. On July 28, Minitori received a dividend of $2 per share.
Prepare the journal entries to record the transactions described above.
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