All Corp. completed the following investment transactions during and :

Dec Purchased shares of Blackmore Ltd at a price of $ per share, intending to sell the investment within the next year. Brokerage commission fees were $

Received a cash dividend of $ per share on the Blackmore Ltd shares.

Adjusted the investment to its fair value of $ per share.

Jan Sold the Blackmore Ltd shares for $ per share, less brokerage commissions of $

Classify All Corp.s investment as shortterm or longterm.

Journalize All Corp.s investment transactions.