The following equity investment transactions were completed by Chung Company in 2016:
Mar. 4. Purchased 4,000 shares of Jas Company for a price of $50 per share plus a brokerage commission of $100.
May 12. Received a quarterly dividend of $0.75 per share on the Jas Company investment.
June 17. Sold 1,400 shares for a price of $44 per share less a brokerage commission of $80.
Journalize the entries for these transactions.
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