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A5sessing Financial Statement Effects Investments On January 1. Ball Corporation purchased shares of Leftwich Company common stock. (1) Ball purchased 10,000 common shares of Leftwich

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A5sessing Financial Statement Effects Investments On January 1. Ball Corporation purchased shares of Leftwich Company common stock. (1) Ball purchased 10,000 common shares of Leftwich at $15 cash per share. 2) Lefrwich reported annual ner incame of $40,000. (3) Ball received a cash dividend of 51,20 per common share from Leftwich. (4) Year end market price of Leftwich comman stock is $19 per share. Use negative signs with your answers, when appropriate. template to record the follnwing cransartions: (1) Ball purchased 10,000 common shares of Leftwich at $15 cash per share. (2) Leftwich reported annual net income of 540,000 . (3) Ball received a cash dividend of 51.20 per common share from Leftwith. (4) Year-end markel price ul Leflwich commun slock is $19 per share

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