Valuation of Securities Portal Company had excess cash and invested in the following securities:

1. 300 shares of Diamond Company were purchased for $60 each. A dividend of $4 per share was received and the market price per share was $82 at year-end. The shares were classified as available-for-sale securities.

2. 150 shares of Emerald Company were purchased for

$100 each. A dividend of $5 per share was received and the market price was $130 per share at year-end. The shares were classified as trading securities.

3. 400 shares of Ruby Company were purchased for $20 per share and classified as available-for-sale securities. No dividends were received during the year. The market price at year-end was $25 per share.
4. 1,000 shares of Sapphire Company were purchased for $15 per share and classified as trading securities. Dividends of $2.50 per share were received during the year.
The year-end market price was $12 per share.

a. What amount of dividend income will be reported by Portal for the year?

b. What is the total dollar value of investments in securities to be reported by Portal in its year-end balance sheet?

c. What is the net unrealized gain or loss on investments to be reported in Portal’s income statement for the year?

d. What will be the amount of the total increase in owners’
equity resulting from Portal’s ownership of the four securities? Show computations.