Feb. 1 In January 2022, the management of Munchies Corporation, a publicly-traded company, decides that it has sufficient cash to purchase some debt and equity securities to be held as trading investments. During the year, the following transactions occurred. Purchased 1.400 shares of NJF common shares for $54,600 Mar. 1 Purchased 400 shares of SEK common shares for $14,800. Apr. 1 Purchased 73 $1,000,8% CRT bonds for $74,300. Interest is receivable semi-annually on April 1 and October 1 July 1 Received a cash dividend of $0.60 per share on the NJF common shares, Aug 1 Sold 180 shares of NJF common shares at $36.00 per share. Sept. 1 Received $2 per share cash dividend on the SEK common shares. Oct. 1 Received the semi-annual interest on the CRT bonds. Sold the CRT bonds for $79,570. Oct. 1 At December 31, Munchies's fiscal year end, the fair values of the NJF and SEK common shares were $35 and $27 per share, respectively Date Account Titles and Explanation Debit Credit Feb. 1 Mar. 1 Apr. 1 July 1 Aug 1 Sept. 1 O. Assignment W NWP Assessment #6 Question 2 of 3 - /20 II! Sept. 1 2 Oct 1 47 (To record receipt of interest on CRT bonds.) Oct. 1 (To record sale of CRT bonds.) Dec. 31 Attempts: 0 of 3 used Submit Ariswer