Safety Development Corporation had relatively large idle cash balances and invested them as follows in securities to be held as non$-2023$Help Save & Exit$7$ Purchased $2,600$ common shares of Royal Bank at $$26\mathrm{.}90,$ plus $$500$ in transaction fees$\mathrm{.}19$ Purchased $1,600$ commonshares of Imperial Oil at $$52\mathrm{.}75,$ and paid $$250$ in transaction fees$\mathrm{.}1$ Paid $$92,224$ plus $$500$ in transaction fees for a $7\mathrm{.}60\%,$ four$-$year, $$94,000$ Minco Inc. bond that pays interest quarterlyThe market rate of interest on this date was $8\mathrm{.}00\%.$ Sellers Corporation plans to hold this investmentfor the duration of the bond's contract life.May $26$ Purchased $2,400$ common shares of BCE at $$13\mathrm{.}78,$ plus $$200$ in transaction fees.June $1$ Received a $$0\mathrm{.}25$ pershare cash dividend on the Royal Bank common shares$\mathrm{.}17$ Sold $1,600$ Royal Bank common shares at $$27\mathrm{.}40\mathrm{.}30$ Received interest on the Minco Inc. bond$\mathrm{.}5$ Received a $$0\mathrm{.}50$ per share cash dividend on the ImperialSept. $1$ Received a $$0\mathrm{.}275$ per share cash dividend on the remaining Royal Bank common shares$\mathrm{.}30$ Received interest on the Minco Inc. bond.Dec. $31$ Received interest on the Minco Inc. bond.On December $31,2023,$ the fair values of the investments held by Safety Development Corporation were: Royal Bank, $$27\mathrm{.}90$; Imperial Oil, $$5113$; and BCE, $$13\mathrm{.}90.$ Assume the fair value and carrying Get same question