Ivanhoe Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 600 shares of Wade common stock (2%) for $7,200 cash. July 1 Sept. 1 Dec. 1 Received cash dividends of $1 per share on Wade common stock. Received cash dividends of $2 per share on Wade common stock. Sold 300 shares of Wade common stock for $3,900.