In January 2022. the management of Springheld 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. Feb. 1 Mar. 1 Apr. 1 July 1 Purchased 1.200 shares of NJF common shares for $51,600, Purchased 500 shares of SEK common shares for $19,000 Purchased 65 $1.000,8% CRT bonds for $66,100. Interest is receivable semi-annually on April 1 and October 1, Received a cash dividend of $0.70 per share on the NJF common shares Sold 180 shares of NJF common shares at $37.00 per share, Received $2 per share cash dividend on the SEK common shares Received the semi-annual interest on the CRT bands. Aug. 1 Sept. 1 Oct 1 Oct 1 Sold the CRT bonds for $70.930. At December 31, Springfield's fiscal year end, the fair values of the NJF and SEK common shares were $36 and 528 per share, respectively WIRD. WE WERE Chery the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Fob 1 Trading luwestments 51.600 Cash 51.600 Mars Trading Investments 19.000 Cash 19.000 Apr 1 Bonds Payable 66.100 Cash 66.100 July 1 Cashi 940 Dividend Income 840 Aug 1 Cash 8680 28 Dividend income 840 Aug Cash 6660 Resized Loss on Trading Investments 180 Trading Investments 6840 Sept. 1 Cash 1000 Dividend income 1000 12600 Oct 1 Cash Interest income 2600 (To record receipt of interest on CRT bonds) Oct 1 Cash 70.930 Interest Income 2600 (To record receipt of interest on CRT bonds) Oct. 1 Cash 70.930 Revenue from Investment in Associates 1920 Bonds Payable 66.100 INTE (To record sale of CRT bonds.) Dec 31 Unrealized Loss on Trading Investments 23552 Trading Investments 23552 Attempts: 1 of 2 used Submit Answer sire for Later Using multiple attempts will impact your score. 28 A