Marin Inc. had these transactions pertaining to investments in common stock: Jan. 1 Purchased 1,080 shares of Bramble Corp. common stock (5% of outstanding shares) for $54,000 cash. July 1 Received a cash dividend of $7 per share. Dec. 1 Sold 810 shares of Bramble Corp.common stock for $42,480 cash. Dec. 31 Received a cash dividend of $7 per share. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 1 Common Stock 54000 Cash 54000 July 1 Cash 7560 divi 7560 Dec. 1 42480 Dec. 31 1890 1890