Jenek Corporation had the following transactions pertaining to debt investments.
| 1. | Purchased 80 9%, $1,500 Leeds Co. bonds for $120,000 cash on January 1, 2017. Interest is payable annually on January 1. |
| 2. | Accrued interest on Leeds Co. bonds on December 31, 2017. |
| 3. | Received interest on Leeds Co. bonds on January 1, 2018. |
| 4. | Sold 48 Leeds Co. bonds for $79,200 on January 1, 2018. |
