On September 1, 2020, Tech Company purchased 2,000 shares of common stock of Eagle Inc. for \(\$ 200,000\), while not obtaining significant influence over Eagle Inc. On November 1, 2020, Tech Company sold 1,000 shares of the Eagle Inc. stock for \(\$ 105\) per share and incurred brokerage fees of \(\$ 480\) on the sale. At December 31, 2020, Eagle Inc. declared and paid dividends of \(\$ 5\) per share. The fair value of the remaining investment in Eagle Inc. was \(\$ 110,000\) on December 31, 2020.

Required Prepare the following entries for Tech Company.

a. Purchase on September \(1,2020\).

b. Sale of shares on November 1,2020 .

c. Dividends declared and received on December \(31,2020\).

d. Adjustment to fair value on December 31, 2020.