6:26 ii CHECK FIGURE: Dec. 31, 2021: Loss = $8,360 The following events are for Toronto Investment Inc.: 2020 Jan. 14 Purchased 18,000 shares of Quatro Inc. common shares for $156,900. Quatro has 90,000 common shares outstanding and has acknowledged the fact that its policies will be significantly influenced by Toronto. Oct. Dec. 1 Quatro declared and paid a cash dividend of $2.60 per share. 31 Quatro announced that profit for the year amounted to $650,000 2021 1 Quatro declared and paid a cash dividend of $2.70 per April Dec. 31 Quatro announced that profit for the year amounted to $650,000. 2021 April 1 Quatro declared and paid a cash dividend of $2.70 per share. Dec. 31 Quatro announced that profit for the year amounted to $733,100. 31 Toronto sold 6,000 shares of Quatro for $ 104,320