During 2016, Dana Company decided to begin investing its idle cash in marketable securities. The information contained below relates to Danas 2016 marketable security transactions:

Feb. 3	Purchased 3,000 shares of Blair Company common stock for $12 per share.
Apr. 1	Purchased $20,000 face value of Solomon Inc. 12% bonds at par plus accrued interest; interest on the bonds is payable each June 30 and December 31.
Jun. 30	Received the semiannual interest on the Solomon bonds and a $0.25 per share dividend on the Blair common stock.
Sept. 1	Purchased 4,000 shares of Woodman Corporation common stock for $22 per share.
Nov. 1	Purchased $30,000 face value of Edwards Company 11% bonds at par plus accrued interest; interest on the bonds is payable each June 1 and December 1.
Dec. 1	Received the interest on the Edwards bonds and sold the bonds for $30,300.
Dec. 30	Received a $0.25 dividend per share on the Blair common stock and sold all the shares for $35,300.
Dec. 31	Received the interest on the Solomon bonds. The following information is available concerning the year-end market prices:

Security	Quoted Market
Solomon 12% bonds	$20,200
Woodman common (per share)	23

Required:

1.	Record Danas investment transactions for 2016.
2.	Show the items of income or loss on temporary investments Dana reports on its 2016 income statement.
3.	Show the carrying value of Danas investment account on its December 31, 2016, balance sheet.

Record Danas investment transactions for 2016. Additional Instructions

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GENERAL JOURNAL

Show the items of income or loss on temporary investments Dana reports on its 2016 income statement. Additional Instructions

Dana Company

Partial Income Statament

For the Year Ended December 31, 2016

Show the carrying value of Danas investment account on its December 31, 2016, balance sheet. Additional Instructions

Dana Company

Partial Balance Sheet

December 31, 2016

1	Current assets: