In January 2020, the management of Ivanhoe Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred. Purchased 800 shares of Muninger common stock for $40,000. Purchased 1,000 shares of Tatman common stock for $25,000. Purchased 70 $1,100,8% Yoakem bonds for $77,000. Interest is payable semiannually on April 1 and October 1. Feb. 1 Mar. 1 Apr. 1 July 1 Aug. 1 Sept. 1 Oct. 1 Oct. 1 Received a cash dividend of $0.60 per share on the Muninger common stock. Sold 266 shares of Muninger common stock at $60 per share. Received a $2 per share cash dividend on the Tatman common stock. Received the semiannual interest on the Yoakem bonds. Sold the Yoakem bonds for $76,000. At December 31, the fair value of the Muninger common stock was $51 per share. The fair value of the Tatman common stock was $24 per share. Date Debit Credit Account Titles and Explanation Stock Investments Feb. 1 40,000 Cash 40,000 Mar. 1 Stock Investments 25,000 Cash 25,000