New Age Company had the following transaction in 2021, pertaining to investment in common stock....
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New Age Company had the following transaction in 2021, pertaining to investment in common stock. Feb 1: Purchased 5,000 shares of Bottega Corporation for $10 each share. Mar 1: Purchased 5,000 shares of Tire Co. for $15 each share. Jul 31: Received a cash dividend for $5 per share of Bottega Corporation Sep 30: Received a cash dividend for $5.65 per share of Tire Co. Dec 1: Sold 1,000 shares of Bottega Corporation for $25 each share. At December 31, the fair value of the common stock in the market were: Bottega Corporation S28 per share Tire Co. $13 per share Prepare all transaction for the dates indicated above in the
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