Problem 12-2A (Part Level Submission) In January 2015, the management of Kinzie Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred. Feb. 1 Purchased 600 shares of Muninger common stock for $31,200 Mar. 1 Purchased 810 shares of Tatman common stock for $21,870. Apr. 1 Purchased 50 $1,100, 8% Yoakem bonds for $55,000. Interest is payable semiannually on April 1 and October 1 July 1 Received a cash dividend of $0.60 per share on the Muninger common stock Aug.1 Sold 180 shares of Muninger common stock at $61 per share. Sept. 1 Received a $1 per share cash dividend on the Tatman common stock. Oct. 1 Received the semiannual interest on the Yoakem bonds Oct. 1 Sold the Yoakem bonds for $54,000. At December 31, the fair value of the Muninger common stock was $53 per share. The fair value of the Tatman common stock was $26 per share 5,275. 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. If the ending balance is O select Dec. 31 Bal. for the date and enter 0 for the normal balance for that account.) Date Account Titles and Explanation Debit Credit Feb. 1TStock Investments 31200 Cash 31200 Mar 1TStock Investments 21870 Cash 21870 Apr. 1TDebt Investments 55000 Cash S5000 uly 1TCash Dividend Revenue Aug. 1 TCash 10980 Stock Investments 9360 Gain on Sale of Stock I 1620 Sept. 1