Mail 4 You Corporation generated excess cash and invested in securities as follows:

2018.

Jul 2 Purchased 4,100 shares of Net Inc common stock at $13 per share. Mail 4 You plans to sell the stock within three months, when the company will need the cash for normal operations. Mail 4 You does not have significant influence over Net.

Aug 21 Received a cash dividend of 0.70 per share on the net stock investment.

Sep 16 Sold the net stock for 14.80 per share

Oct 1 Purchased a Volton bond for $28,000 at face value. Mail 4 You classifies the investment as tradign and short term.

Dec 31 Received a $120 interest payment from Volton

Dec 31 Adjusted the Volton bond to its market value of $33,000

Journalize the 2018 transactions.