Problem 12-2A (Part Level Submission) tn lanuery 2015, the management of Kinzie Company concludes that it has sufficient cash to permit some short-term inwestments in debt and stock securities. During the year, the following transactions occurred Feb. i Purchased 600 shares of Muninger common stock for s31,200 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 Jul1 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. Received a $1 per share cash dividend on the Tatman common stock. and October 1. Oct. 1 Sold the Yoakem bonds for $54,000 At December 31, the fair value of the sun ger common stock its $53 per share. The fair value of the Tatman common stock was $26 share. our answer is correct Journalize the transactions and post to the accounts Debt Investments and Stock Investments. (Use the T-account form.) (Round answers to O decimal places, e.g. 5,27S. Credit accownt titles are automatically iw 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 O for the amounts. If the ending balance is O select C normal balance for that aocount.) Feb. 1 200 35000 Ape. 1 Oct 1 9360 De not indent manualy i no entry is required, select "No entry"for the account titles and entero for the amounts.) amount is entered. Dec. 3 LIST OF ACCOUNTS SHOW SOLUTION SHOW VIDEOL SEMILAR PROBLEM Attempts: 2 of 5 used Show the balance sheet presentarion of investments at December 31, 2015.(Enter account name only and do not provide deseriptive information.) Kinzle Company Balance Sheet (Partial) December 31, 2015