HELP

In January 2022, the management of Northern Company concludes that it has sufficient cash to purchase some short-term investments in debt and stock securities. During the year, the following transactions occurred. Jan. 1 Purchased 70$1,000,8% TRC bonds for $70,000. Interest is payable annually on December 31 . Feb. 1 Purchased 1,200 shares of LAF common stock for $51,600. Mar. 1 Purchased 500 shares of NCL common stock for $18,500. July 1 Received a cash dividend of $0.80 per share on the LAF common stock. Aug. 1 Sold 200 shares of LAF common stock at $42 per share. Sept. 1 Received $2 per share cash dividend on the NCL common stock. Dec. 31 Received the annual interest on the TRC bonds. 31 Sold the TRC bonds for $75,700. At December 31, the tair values of the LAF and NCL common stocks were $39 and $30 per share, respectively. These stock investments by Northern Company provide less than a 20% ownership interest. arnalize the above transactions. (Record journal entries in the order presented in the problem. Credit account titles are automotically lented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for eamounts.) Post to the accounts Debt Investments and Stock Investments. (If the balance is zero (0) select date from the drop c the amount in the column that represents the normal balance for the account.)