In January 2022, the management of Wild horse Company concludes that it has sufficient cash to permit some short-term investments in debt and equity securities. During the year, the following transactions occurred. Feb. 1 Purchased 800 shares of Muninger common stock for $40,000. Mar. 1 Purchased 1,000 shares of Tatman common stock for $25,000. Apr. 1 Purchased 70 of $1,280,5% Yoakem bonds for $89,600. Interest is payable semiannually on April 1 and October 1 . July 1 Received a cash dividend of $0.70 per share on the Muninger common stock. Aug. 1 Sold 266 shares of Muninger common stock at $65 per