Question 7 of 8 View Policies Current Attempt in Progress -/12.5 In January 2020, the management of Crane 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. Purchased 500 shares of Muninger common stock for $27.500. 1 Mar. Purchased 700 shares of Tatman common stock for $17,500. 1 Purchased 50 $1,300, 7% Yoakem bonds for $65,000. Interest is payable semiannually on April 1 and October 1. Apr. 1 July 1 Aug Received a cash dividend of $0.50 per share on the Muninger common stock. Sold 167 shares of Muninger common stock at $65 per share. 1 Sept. Received a $2 per share cash dividend on the Tatman common stock 1 Oct. Received the semiannual interest on the Yoakem bonds. 1 Oct. Sold the Yoakem bonds for $64,000 1 At December 31, the fair value of the Muninger common stock was $56 per share. The fair value of the Tatman common stock was $24 per share.