Here is Cullumber Company's portfolio of long-term stock investments at December 31, 2021, the end of its first year of operations. Cost $60,000 1,200 shares of Willhite Corporation common stock 1,300 shares of Hutcherson Corporation common stock 1,000 shares of Downing Corporation preferred stock 76,700 26,000 On December 31, the total cost of the portfolio equaled the total fair value. Cullumber had the following transactions related to the securities during 2022 Jan 20 28 30 Feb 8 Sold all 1,200 shares of Willhite Corporation common stock at $53 per share. Purchased 480 shares of $71 par value common stock of Liggett Corporation at $79 per share. Received a cash dividend of $1.30 per share on Hutcherson Corp.common stock. Received cash dividends of $0.70 per share on Downing Corp. preferred stock. Sold all 1,000 shares of Downing Corp. preferred stock at $25 per share. Received a cash dividend of $1.00 per share on Hutcherson Corp, common stock. Purchased an additional 900 shares of $15 par value common stock of Liggett Corporation at $83 per share. Received a cash dividend of $1.40 per share on Ligsett Corporation common stock 18 July 30 Sept. 6 Dec 1 At December 31, 2022, the fair values of the securities were: Hutcherson Corporation common stock $63 per share Liggett Corporation common stock $73 per share (a) Prepare journal entries to record the transactions (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Cred