=+EX 15-4 Interest on bond investments obj. 2 Chapter 15 Investments and Fair Value Accounting 691 On February 17, Asher Corporation acquired 3,000 shares of the 100,000 outstanding shares of Dan Co. common stock at $28.90 plus commission charges of $300. On July 11, a cash dividend of $0.95 per share was received. On December 4, 1,000 shares were sold at $36, less commission charges of $125.

Record the entries for

(a) the purchase of stock,

(b) the receipt of dividends, and

(c) the sale of 1,000 shares.