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Nosker Inc. had the following transactions pertaining to investments in common stock. Jan. 1 Purchased 4,800 shares of Escalante Corporation common stock (7%) for $291,840

Nosker Inc. had the following transactions pertaining to investments in common stock.

Jan. 1 Purchased 4,800 shares of Escalante Corporation common stock (7%) for $291,840 cash.

July 1 Received a cash dividend of $4 per share.

Dec. 1 Sold 960 shares of Escalante Corporation common stock for $61,440 cash.

Dec. 31 Received a cash dividend of $4 per share.

Journalize the transactions

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