complete parts a-d

In January 2022, the management of Crane Company concludes that it has suffielent cash to permit some short-term irvestments in debt and equity securities. During the year, the foliowing transactions occurred. Feb. 1 Purchased 500 shares of Muninger common stock for $27,500. Mar, 1 Purchased 700 shares of Tatman common steck for $17,500. Ape. 1 Purchased 50 of $1,300,7% Yoakem bonds for $65,000, Interest is payable semiannually on April 1 and October 1 . July 1 Received a cash dividend of 50.50 per share on the Muninger common stock. Aus.1 Sold 167 shares of Muninger common stock at $65 per share. Sept. 1 Received a $2 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 $63,800. At December 31 , the fair value of the Muninger and Tatman common stocks were $56 and $24 per share respectively. These stock: investments by Crane Company provide less than a 20% ownership interest. Journalize the transactions and post to the accounts Detst lowestments and Stock lnvestments. (Use the T-account form) (Record Journal entries in the order presented in the problem. List ot debit entries before credit entries, Credit account tieles are outometically indented when amount hi entered. Do not indent manuall. If no entry is required, select "No entry" for the account bibler and enter of for the amounts. (To record the receipt of semiannual interest on Yoakem bonds) (To record the sale of Yoakem bonds) Prepare the adjustingentry at December 31, 2022, to report the investment securities at fair value. All securities are considered to be trading securities. (Uist all debit entries before credit entries. Credit acoount titles are automatically indented when amount is entered. Do not indent manuelly. If no entry is required, select "No entry" for the occount titler and enter of for the amounts) eTextbook and Media List of Accounts Attempts: 0 of 3 used (c) Show the balance sheet presentation of investment securities at December 31,2022 . Show the balance sheet presentation of imvestment securities at December 31,2022. Crane Company Balance Sheet (PartiaD) eTextbook and Media List of Accounts Give the statement classification of each income statement account. Give the statement classification of each income statement account