Exercise H-02 Blossom Company had these transactions pertaining to stock investments: Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 2,040 shares of BJ common stock (2% of outstanding shares) for $14,280. Received cash dividends of $2 per share on BJ common stock. Sold 850 shares of BJ common stock for $9,180. Received cash dividends of $1 per share on BJ common stock. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit v Identify how dividend revenue and the gain (loss) on sale should be reported in the income statement. Dividend revenue Gain (loss) on sale of investment