please do it in excel

E16.4 (LO 2) Financial Statement Hulse Company had the following transactions pertaining to stock investments. Journalize stock investment transactions. 1 1 Feb. July Sept. Dec. Purchased 600 shares of Wade common stock (2%) for $7,200 cash. Received cash dividends of $1 per share on Wade common stock. Sold 300 shares of Wade common stock for $4,300. Received cash dividends of $1 per share on Wade common stock. 1 1 Instructions a. Journalize the transactions. b. Explain how dividend revenue and the gain (loss) on sale should be reported in the income statement