Journalize the entries to record the following selected bond investment transactions for Starks Products (refer to the Chart of Accounts for exact wording of account titles):

Mar.	1	Purchased for cash $120,000 of Iceline, Inc. 5% bonds at 100 plus accrued interest of $1,000.
June	30	Received first semiannual interest payment.
July	31	Sold $60,000 of the bonds at 101 plus accrued interest of $500.