Question 5 Nosker Inc. had the following transactions pertaining to investments in common stock. Jan. 1 Purchased 3,880 shares of Escalante Corporation common stock (5%) for $217,280 cash. July 1 Received a cash dividend of $5 per share. Dec. 1 Sold 776 shares of Escalante Corporation common stock for $49,664 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.)