Journal entries to apply the market value method to short-term investments in securities. Events related to Vermont Company's investment in the common stock of Texas Instruments appear below. Vermont Company closes its books on December 31 of each year.

8/21 Vermont Company purchases 1,000 shares of Texas Instruments' common stock for \(\$ 45\) per share as an investment of temporarily excess cash (classified as Securities Available for Sale).

9/13 The stockbroker for Vermont Company calls to report that the shares of Texas Instruments closed on the preceding day at \(\$ 48\) per share.

9/30 Texas Instruments declares a dividend of \(\$ 0.50\) per share.
10/25 Vermont Company receives a dividend check from Texas Instruments for \(\$ 500\).
12/31 The stockbroker calls Vermont Company to report that Texas Instruments' shares closed the year at \(\$ 51\) per share. Vermont Company closes its books for the year.
1/20 Vermont Company sells 600 shares for \(\$ 55\) per share, the closing price for the day.
Prepare dated journal entries as required by these events. Ignore income taxes.