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The following selected transactions relate to investment activities of Artisan Insulation Corporation during 2 0 2 5 . The company buys debt securities , not

The following selected transactions relate to investment activities of Artisan Insulation
Corporation during 2025. The company buys debt securities, not intending to profit from short-
term differences in price and not necessarily to hold debt securities to maturity, but to have them
available for sale in years when circumstances warrant. Artisans fiscal year ends on December
31. No investments were held by Artisan on December 31,2024.
The market prices of the securities at December 31 are:
G&H Corporation Bonds: $1,960,000
National Instruments Bonds: $640,000
March 31 Acquired 8% Distribution Transformers Corporation bonds costing $600,000 at face
value.
September 1 Acquired $700,000 of National Instruments10% bonds at face value.
September 30 Received semiannual interest payment on the Distribution Transformers bonds.
October 2 Sold the Distribution Transformers bonds for $675,000.
10
November 1 Purchased $1,700,000 of G&H Corporation 6% bonds at face value.
December 31 Accrue interest for National Instruments and G&H Bonds
December 31 Fair value adjustment for National Instruments and G&H Bonds

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