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The following transaction were made by waite company. Assume all investments are short-term and are readily marketable. June 2 Purchased 300 shares of boswell corporation

The following transaction were made by waite company. Assume all investments are short-term and are readily marketable.

June 2 Purchased 300 shares of boswell corporation common stock for $30 per share.

July 1 Purshased 200 Kane corporation bonds for $210,000. July 30 Received a cash dividend of $2 per share from Boswell corporation.

Sept 15 Sold 90 shares of Boswell corporation stock for $35 per share.

Dec 31 Received semiannual interest check for $10,500 from Kane Corporation.

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