PWAT Inc Had These Transactions Pertaining to Investments in Common Stock

Essay

PWAT Inc. had these transactions pertaining to investments in common stock:
Jan 1 $\quad$ Purchased 2,000 shares of Pasco Corporation common stock (5% of outstanding shares) for $96,500 cash.
July 1 $\quad$ Received a cash dividend of $1.70 per share.
Dec. 1 $\quad$ Sold 800 shares of Pasco Corporation common stock for $40,200.
$\quad$ 31 $\quad$ Received a cash dividend of $1.70 per share.
Instructions
Journalize the transactions.