Prepare entries to record the following non-strategic investment transactions of Arrowhead Investment Corporation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) 2023 Mar. 1 Paid $61,980 to purchase a $61,000, two-year, 10.0% bond payable of Action Corporation dated March 1. There was a $125 transaction fee included in the above-noted payment amount. Interest is paid quarterly beginning June 1. Management intends to actively trade bond purchases. Apr. 16 Bought 3,000 common shares of Brandon Motors at $30.00. There was a $125 transaction fee included in the above-noted payment amount. May 2 Paid $58,968 to purchase a five-year, 7.50%, $60,000 bond payable of Collingwood Corporation. There was a $125 transaction fee included in the above-noted payment amount. Interest is paid annually each April 30. June 1 Received a cheque from Action Corporation regarding quarterly interest. Aug. 1 Brandon Motors' board of directors declared a dividend of $0.75 per share to shareholders of record on August 10, payable August 15. 15 Received the Brandon Motors dividend. Sept. 1 Received a cheque from Action Corporation regarding quarterly interest. 17 Purchased 27,000 Dauphin Inc. common shares at $4.30. There was a $125 transaction fee. Oct. 20 Sold the Brandon Motors shares at $31.90. Dec. 1 Received a cheque from Action Corporation regarding quarterly interest. 2024 1 Sold the Action Corporation bond at 101. 31 Accrued interest on the Collingwood bond. The fair value of the equity security on this date was Dauphin, $4.60. The carrying value equalled the fair value for the Collingwood bond. Apr. 30 Received a cheque from Collingwood Corporation regarding annual interest.