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Problem 12-3A (Part Level Submission) on December 3 2015, Turnball Associates owned the following securities, held as a long-term investment. The securities are not held for influence or control of the investee Common Stock Shares Cost Gehring Co. 1,870 $52,360 43 560 Wooderson Co. 4,840 Kitselton Co. 1,410 29,610 On December 31, 2015, the total fair value of the securities was equal to its cost. In 2016, the following transactions occurred. July 1 Received $2 per share semiannual cash dividend on Wooderson Co. common stock. Aug. 1 Received $0.50 per share cash dividend on Gehring Co. common stock. Sept. 1 Sold 1,452 shares of Wooderson Co. common stock for cash at $8 per share. Oct. 1 sold 748 shares of Gehring Co. common stock for cash at $31 per share. Nov. 1 Received $2 per share cash dividend on Kitselton Co. common stock. Dec. 15 Received $0.50 per share cash dividend on Gehring Co. common stock. Dec. 31 Received $2 per share semiannual cash dividend on Wooderson Co. common stock. At December 31, the fair values per share of the common stocks were: Gehring Co. $30, Wooderson Co. $8, and Kitselton Co. $19. (a) Journalize the 2016 transactions and post to the account Stock Investments. (Use the T-account form.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Aocount Titles and Explanation Credit Debit July 1