On February 22, Triangle Corporation acquired 34,000 shares of the 500,000 outstanding common stock of Jupiter Co. at $25 plus commission charges of $680. On June 1, a cash dividend of $1.70 per share was received. On November 12, 7,000 shares were sold at $31 less commission charges of $100. At the end of the accounting period on December 31, the fair value of the remaining 27,000 shares of Jupiter Company’s stock was $25.52 per share.

Journalize the entries for 

(a) The Purchase of stock, 

(b) The receipt pf dividends 

(c) The sale of 7,000 shares, and 

(d) The Change in fair value.