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Culver Corporation, during the year ended October 31, 2024, had the following transactions for money-market instruments purchased to earn interest: Jan. 2 Purchased a 150-day,
Culver Corporation, during the year ended October 31, 2024, had the following transactions for money-market instruments purchased to earn interest: Jan. 2 Purchased a 150-day, $42,000 treasury bill maturing on May 1 for $41,748. May 1 The treasury bill matured. Aug. 1 Invested $68,300 in a money-market fund. Aug. 31 Received notification that $171 of interest had been earned and added to the fund. Sept. 30 Received notification that $171 of interest had been earned and added to the fund. Oct. 1 Purchased a 60-day, 3.90\%, $31,500 treasury bill for $31,196. Oct. 15 Cashed the money-market fund and received $68,728
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