Debt Investment Transactions, Available-for-Sale Valuation Dollar Mart Inc. is a general merchandise retail company that began operations on January 1, 2012. The following transactions relate to debt investments acquired by Dollar Mart Inc., which has a fiscal year ending on December 31: 2012 May 1 Purchased $72,000 of Elkin City 4%, 10-year bonds at face value plus accrued interest of $480. The bonds pay interest semiannually on March 1 and September 1. June 16 Purchased $124,000 of Morgan Co. 6%, 12-year bonds at face value plus accrued interest of $310. The bonds pay interest semiannually on June 1 and December 1. Sep. 1 Received semiannual interest on the Elkin City bonds. Oct. 1 Sold $28,800 of Elkin City bonds at 103 plus accrued interest of $96. Dec. 1 Received semiannual interest on Morgan Co. bonds. Dec. 31 Accrued $576 interest on Elkin City bonds. Dec. 31 Accrued $620 interest on Morgan Co. bonds. 2013 Mar. 1 Received semiannual interest on the Elkin City bonds. June 1 Received semiannual interest on the Morgan Co. bonds.