(1) DNC, Inc. purchased the following available for sale investments during 2019 (there were no AFS investments as of 12/31/18): 200 shares of Nancy common stock for $50,000 on 2/1/19 100 United States Treasury bonds at par of $1,000 each with an 2% interest rate (payable semi-annually on 4/1 and 10/1) on 4/2/19 $50,000 of Chucks, Inc. 6% bonds due 3/1/39, interest payable annually on 3/1. AOC paid $50,000 plus accrued interest for these bonds on 7/1/19 Required: a) Prepare the appropriate journal entries for 2019 for the purchases (and all other transactions) of these investments. b) Prepare all of the appropriate adjusting journal entries as of 12/31/19 for these investments. Fair market values as of 12/31/19 were: Nancy common stock Treasury bonds Chucks bonds $ 42,000 103,000 50,500 c) The Treasury bonds were sold on 7/1/20 for $104,000 plus accrued interest. Prepare the appropriate journal entry