Cupcake Company had the following transactions pertaining to its temporary stock investments. 
Instructions
Journalize the transactions.
Definitions:
Total Cost
All expenses a business incurs to produce goods or services, including both fixed and variable components.
Price of Capital
The cost of borrowing money to purchase capital assets or the returns expected by investors for providing capital.
Price of Labor
The compensation received by employees for their work, typically measured as an hourly wage or annual salary.
Isoquant
A curve depicting all the combinations of inputs that result in the production of a specific amount of output, illustrating the concept of production efficiency.
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