Sept. 1 Cash Dividend Revenue Oct. 1 Cash Interest Revenue (To record the receipt of semiannual interest on Yoakem bonds) Oct. 1v Cash Loss on Sale of Debt Investments Debt Investments 2247 2247 (To record the sale of Yoakem bonds) In January 2022, the management of Blossom Company concludes that it has sufficient cash to permit some short-term investments in debt and equity securities. During the year, the following transactions occurred. Feb. 1 Purchased 700 shares of Muninger common stock for $38,500. Mar. 1 Purchased 900 shares of Tatman common stock for $22,500. Apr. 1 Purchased 30 of $1,070,7% Yoakem bonds for $32,100. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of $0.60 per share on the Muninger common stock. Aug. 1 Sold 233 shares of Muninger common stock at $60 per share. Sept. 1 Received a $2 per share cash dividend on the Tatman common stock. Oct. 1 Received the semiannual interest on the Yoakem bonds. Oct. 1 Sold the Yoakem bonds for $29,600. At December 31, the fair value of the Muninger and Tatman common stocks were $56 and $24 per share respectively. These stock investments by Blossom Company provide less than a 20% ownership interest