=+May 12. Purchased 200,000 shares of Myers Company at $37 per share plus an $8,000 brokerage commission. Myers Company has 800,000 common shares issued and outstanding. The equity method was used for this investment. July 1. Received semiannual interest on bonds purchased on February 6. Aug. 29. Sold 1,200 shares of Cohen Company stock at $61 per share less a $90 brokerage commission. Oct. 5. Received an $0.80-per-share dividend on Bryan Company stock. Nov. 11. Received a $1.10-per-share dividend on Myers Company stock. 16. Purchased 3,000 shares of Morningside Company stock as a trading security for $52 per share plus a $150 brokerage commission. Dec. 31. Accrued interest on February 6 bonds. 31. Recorded Rosewell’s share of Myers Company earnings of $146,000 for the year. 31. Prepared adjusting entries for the portfolios of trading and available-forsale securities based upon the following fair values (stock prices): Bryan Company $21 Cohen Company 43 Lyons Inc. 88 Myers Company 40 Morningside Company 45 Instructions 1. Journalize the preceding transactions. 2. Prepare the balance sheet disclosure for Rosewell Company’s investments on December 31, 2010.