In January 2019, the management of Blossom 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. Feb. 1 Purchased 1,265 shares of LAF common stock for $51,865. Mar. 1 Purchased 530 shares of NCL common stock for $18,020. Apr. 1 Purchased 75 $1,000, 8% TRC bonds for $75,000. Interest is payable semiannually on April 1 and October 1. July Received a cash dividend of $0.80 per share on the LAF common stock. Aug. 1 Sold 188 shares of LAF common stock at $40 per share. Sept. Received $2 per share cash dividend on the NCL common stock. Oct. 1 ecived the semiannual interest on the TRC bonds. Oct. 1 Sold the TRC bonds for $80,478. At December 31, the fair values of the LAF and NCL common stocks were $37 and $27 per share, respectively. These stock investments by Blossom Company provide less than a 20% ownership interest. Journalize the above 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 Feb. 1 Stock Investments 51865 Cash 51865 Mar. 1 # Stock Investments 18020 Cash 18020 Apr. 1 Debt Investments 75000 Cash 75000 July 1 Cash 424 Dividend Revenue 424 Aug. 1Cash 7520 Stock Investments Gain on Sale of Stock Investments Sept. 1#1 Oct. 1 To record interest) Oct. 1 $ To record sale of bonds) Post to the accounts Debt Investments and Stock Investments. (If the balance is zero (0), select date from drop down and enter 0 for the amounts.) Stock Investments Debt Investments Prepare the adjusting entry at December 31, 2019, to report the investments at fair value. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Show the balance sheet presentation of investment securities at December 31, 2019. Blossom Company (Partial) Balance Sheet