Sunland Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2,640 shares of BJ common stock (2% of outstanding shares) for $18,480. July 1 Received cash dividends of $2 per share on BJ common stock. Sept. 1 Sold 1,100 shares of BJ common stock for $11,880. Dec. 1 Received cash dividends of $1 per share on BJ common stock.