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SandhillInc. had the following transactions pertaining to investments in common stock. Jan.1Purchased1,900shares of Escalante Corporation common stock (4%) for $115,520cash.July1Received a cash dividend of $4per

SandhillInc. had the following transactions pertaining to investments in common stock.

Jan.1Purchased1,900shares of Escalante Corporation common stock (4%) for $115,520cash.July1Received a cash dividend of $4per share.Dec.1Sold380shares of Escalante Corporation common stock for $24,320cash.Dec.31Received a cash dividend of $4per share.

How do you Journalize the transactions.

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