4 Post to the accounts Debt Investments and Stock Investments. (If the balance is zero (0) select date from the drop down and enter O for the amount in the column that represents the normal balance for the account.) Jan. 1 Mar. 1 Dec. 31 Bal. Jan. 1 Dec. 31 Bal Stock Investments Debt Investments In January 2022, the management of Sunland Company concludes that it has sufficient cash to purchase some short-term investments in debt and stock securities. During the year, the following transactions occurred. Jan. 1 Feb. 1 Purchased 71 $1,000, 7% TRC bonds for $71,000. Interest is payable annually on December 31. Purchased 1,305 shares of LAF common stock for $61,335. Purchased 450 shares of NCL common stock for $15,750. Mar. 1 July 1 Aug. 1 Received a cash dividend of $0.80 per share on the LAF common stock. Sold 189 shares of LAF common stock at $46 per share. Sept. 1 Received $2 per share cash dividend on the NCL common stock. Dec. 31 Received the annual interest on the TRC bonds. 31 Sold the TRC bonds for $72,419. At December 31, the fair values of the LAF and NCL common stocks were $43 and $28 per share, respectively. These stock investments by Sunland Company provide less than a 20% ownership interest