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28-2 (Dividends). Transactions August * 2 point 22 On February 12, 2019, Addison, Inc. purchased 6,000 shares of Lucas Company at $22 per share plus

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28-2 (Dividends). Transactions August * 2 point 22 On February 12, 2019, Addison, Inc. purchased 6,000 shares of Lucas Company at $22 per share plus a $240 brokerage fee. On August 22, Lucas paid a $0.42 dividend per share. On November 10,4,000 shares of Lucas stock were sold for $28 per share less a $160 brokerage fee. Debit Cash $1,680; Interest Income $1,680 Debit Cash $1,680; Dividend Income $1,680 Debit Cash \$2,520; Dividend Income $2,520 28-2 (Dividends). Transactions August * 2 point 22 On February 12, 2019, Addison, Inc. purchased 6,000 shares of Lucas Company at $22 per share plus a $240 brokerage fee. On August 22, Lucas paid a $0.42 dividend per share. On November 10,4,000 shares of Lucas stock were sold for $28 per share less a $160 brokerage fee. Debit Cash $1,680; Interest Income $1,680 Debit Cash $1,680; Dividend Income $1,680 Debit Cash \$2,520; Dividend Income $2,520

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