Ali Sung died of illness on July 1, 2014. Before passing away, he had appointed his son, Deeja Sung, as the executor of his estate. Ali left a will as follows:

Any excess of income over expense during the administration is to be split equally between Alis widow and his personal assistant. All remaining assets are to be placed in a trust to support hiswidow for the rest of her lifetime. If Panjeet dies, the remainder of the estate is to be divided equally between Alis son, daughter, grandson, and granddaughter.

The following is Deejas estate inventory filed with the court on August 1, 2014:

The following events occurred in July and August 2014:

July 25 Received a dividend check of $10,000

July 27 Received an interest check of $10,000 including the accrued interest

July 30 Paid hospital bill of $5,000

July 31 Paid $3,000 funeral expenses for Ali

July 31 Paid $150 each for repairs of both villas

July 31 Paid $1,000 each as ownership transfer costs for both villas

July 31 Cashed out the certificate of deposit early, settled the early withdrawals fees to the remaining interest

August 1 Filed the estate inventory

August 15 Distributed the general property devises

August 20 Distributed the general cash devises

August 25 Closed the accounts, finalizing the estate administration, and transferred remaining assets to Panjeet Sung trust

REQUIRED: Prepare the journal entries needed for all the transactions above.