2020 Feb. 25 Purchased 185,720 shares of Jack Inc. common shares for $168,860. Jack has 928,600 common shares outstanding and has acknowledged the fact that its policies will be significantly influenced by King. Oct. 1 Jack declared and paid a cash dividend of $0.50 per share. Dec. 31 Jack announced that profit for the year amounted to $689,070. 2021 April 1 Jack declared and paid a cash dividend of $0.30 per share. Dec. 31 Jack announced that profit for the year amounted to $789,710. 31King sold 80,580 shares of Jack for $129,150.