Eaton Company had the following transactions pertaining to its short-term stock investments.

Jan. 1		Purchased 900 shares of Stafford Company stock for $11,880 cash.
June 1		Received cash dividends of $0.60 per share on the Stafford Company stock.
Sept. 15		Sold 450 shares of the Stafford Company stock for $5,200.
Dec. 1		Received cash dividends of $0.60 per share on the Stafford Company stock.

Indicate the income statement effects of the transactions.