You serve as the trustee for the Sooner XXV trust. The following transactions occur during 2015:

September 15 Open the Sooner XXV trust account, depositing the $100,000 transferred from the estate of Jeff Carpenter.

September 16 Deposit the $100,000 into an insured money market fund earning 5 percent annually, in accordance with the trust agreement.

October 16 Deposit $417 interest received from the money market fund into the trust checking account.

October 19 Write a $300 check to Puppy Paradise to cover Sooner's November room and board costs. Costs to November 1 had been prepaid by the estate.

October 27 Write a check for $22 to cover chew toys for Sooner.

November 16 Deposit $417 interest received from the money market fund into the trust checking account.

November 22 Write a $300 check to Puppy Paradise to cover Sooner's December room and board costs.

December 16 Deposit $417 interest received from the money market fund into the trust checking account.

December 28 Puppy Paradise informs you of Sooner's passing. Pay $700 for Sooner's funeral and burial costs.

December 31 Pay yourself the agreed $100 trust administration fee.

December 31 Distribute all remaining trust principal by transferring the title to the money market fund and cash to J. J. Kara.

REQUIRED:

Prepare journal entries for the listed transactions. You may ignore taxes.