Recording Investment Transactions The following data pertain to the investments of Sumner Company during 2009, the company’s first year of operations:

a. Purchased 200 shares of Corporation A stock at $40 per share, plus brokerage fees of

$100. Classified as trading.

b. Purchased $10,000 of Corporation B bonds at face value. Classified as trading.

c. Received a cash dividend of $0.50 per share on the Corporation A stock.

d. Received interest of $600 on the Corporation B bonds.

e. Purchased 50 shares of Corporation C stock for $3,500. Classified as available-for-sale.

f. Received interest of $600 on the Corporation B bonds.

g. Sold 80 shares of Corporation A stock for $32 per share due to a significant decline in the market.

h. Received a cash dividend of $1.40 per share on the Corporation C stock.

i. Interest receivable at year-end on the Corporation B bonds amounts to $200.

j. Market value of securities at year-end: Corporation A stock, $42 per share; Corporation B bonds, $10,200; Corporation C stock, $3,450.

Required:

Enter these transactions in T-accounts, and determine each of the following for the year:

1. Dividend revenue.

2. Bond interest revenue.

3. Net gain or loss from selling securities.

4. Unrealized gain or loss from holding securities.