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

Jan. 1 Purchased 4,690 shares of Escalante Corporation common stock (5%) for $262,640 cash. July 1 Received a cash dividend of $5 per share. Dec. 1 Sold 938 shares of Escalante Corporation common stock for $60,032 cash. Dec. 31 Received a cash dividend of $5 per share.

Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

Date Account Titles and Explanation Debit Credit Jan. 1 July 1 Dec. 1 Dec. 31 Jan. 1 July 1 Dec. 1 Dec. 31 Jan. 1 July 1 Dec. 1 Dec. 31 Jan. 1 July 1 Dec. 1 Dec. 31