Granite Corporation Made the Following Investment Related Transactions in 2017 $\$ 7.10$

Granite Corporation made the following investment related transactions in 2017 and 2018:
2017
Jan. 10 Grante Corporation purchased 500 shares in Graybar Corporation, as a short-term investment, at $\$ 7.10$ per share and paid $\$ 35$ brokerage commission Jul. 1 Granite Corporation purchased $\$ 10,000$ maturity value $5 \%$ Government of Canada bonds for 98 . The bonds mature on December 31, 2018 and pay interest semi-annually on June 30 and December 31. Granite Corporation intends to hold the bonds as a short-term investment of idle cash. $\text { Sep. } 18 \quad \text { A dividend of } \$ 0.15 \text { per share was received on the Graybar Corporation shares. }$ $\begin{array}{l}\text { Dec. } 31 \text { This is the end of the fiscal year for Granite Corporation. On this date the Graybar } \\\text { Corporation shares were worth } \$ 7.55 \text { per share and the bonds Government } \\\text { of Canada bonds were valued at } 961 / 2 \text {. }\end{array}$ 2018
Jan. 27 Granite Corporation sold the 500 Graybar Corporation shares for $\$ 7.25$ per share and paid $\$ 36$ brokerage commission.
$\text { Jan. } 31 \text { Granite Corporation sold all of the Government of Canada bonds at par. }$ Prepare journal entries for the above transactions.