The following are the non-strategic investment transactions of Wiki Garden Tool Inc. Assume each bond acquired is purchased with the intention to actively trade. 2020 Feb. 1 Paid $121,000, plus $200 in transaction fees to purchase a $125,000, four-year, 3.5% bond payable of Capital Inc. dated Feb. 1. Interest is paid semiannually beginning August 1. Mar. 29 Bought 101,000 common shares of Regina Inc. for a total of $86,456, plus paid an extra $500 for transaction fees. May 7 Regina Inc.'s board of directors declared a total dividend of $526,000 regarding the total 3,500,000 shares issued and outstanding. The date of record is May 30, payable June 15. June 1 Paid $140,000 including $500 in transaction fees to purchase a five-year, 6.5%, $137,000 bond payable of Yates Corporation. Interest is paid annually each May 30. 15 Received a cheque regarding the dividends declared on May 7. Aug. 1 Received a cheque from Capital Inc. regarding semiannual interest. 1 Sold the Capital Inc. bond at 98. 17 Purchased 76,000 Tech Inc. common shares at $6.20 plus $400 in transaction fees. Dec. 1 Sold 76,000 of the Regina Inc. shares at $0.95 and incurred $250 in transaction fees. 31 Accrued interest on the Yates bond. Fair values of the equity securities on this date were Regina, $1.00; Tech Inc., $5.60. Assume that the carrying value of the Yates bond was equal to its fair value. 2021 May 30 Received a cheque from Yates Corporation regarding annual interest. Prepare entries to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations and round your final answers to the nearest whole dollar.) Answer is not complete. No Date Credit Feb 01, 2020 General Journal Investment - Capital bond Transaction fees expense Cash Debit 121,000 200 121,200 Mar 29, 2020 Investment - Regina shares Transaction fees expense Cash 86,456 500 86,956 May 07, 2020 No journal entry required Jun 01, 2020 Investment - Yates bond Transaction fees expense Cash 139,500 500 140,000 OOO OO OO OOO O OOO Jun 15, 2020 15,179 Cash Dividend income 15,179 6 Aug 01, 2020 2,188 Cash Interest income 2,188 Aug 01, 2020 122,500 Cash Investment income (Loss) Investment - Capital bond 1,500 121,000 18 Aug 17, 2020 Investment Tech shares Transaction fees expense 471,200 400 Cash 471,600 9 Dec 01, 2020 71,950 250 Cash Transaction fees expense Investment Regina shares Investment income (Loss) 65,056 7,144 10 Dec 31, 2020 Interest receivable Interest income 11 Dec 31, 2020 Investment income (Loss) Investment Regina shares Investment Tech shares 12 May 30, 2021 Cash 8,905 Interest receivable Interest income
