Attempt in Progress In January 2022, the management of Sandhill Company concludes that it has sufficient cash to permit some short-term investments in debt and equity securities. During the year, the following transactions occurred. Feb. 1 Purchased 500 shares of Muninger common stock for $27,500. Mar. 1 Purchased 700 shares of Tatman common stock for $17,500. Apr. 1 Purchased 60 of $1,150, 6% Yoakem bonds for $69.000. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of $0.60 per share on the Muninger common stock. Aug 1 Sold 167 shares of Muninger common stock at $65 per share. Sept. 1 Received a $1 per share cash dividend on the Tatman common stock. Oct. 1 Received the semiannual interest on the Yoakem bonds. Oct. 1 Sold the Yoakem bonds for $67,700. At December 31, the fair value of the Muninger and Tatman common stocks were $56 and $24 per share respectively. These stock Investments by Sandhill Company provide less than a 20% ownership interest. (a) ile the account form) (Record Journalize the transactions and post to the accounts Debt Investments and Stock Investments. (Use the T-account form) (Record journal entries in the order presented in the problem. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit 1 facBook Pr (To record the receipt of semiannual interest on Yoakem bonds) (To record the sale of Yoakem bonds) (b) eTextbook and Media List of Accounts Save for Later Stock Investments Debt Investments MacBook Pro Attempts: 0 of 3 used Spect Antwer