ale 5, $47,860 EX 15-6 Entries for investment in stock, receipt of dividends, and sale of shares OBJ. 3 On February 22, Stewart Corporation acquired 12,000 shares of the 400,000 outstanding shares of Edwards Co. common stock at $50 plus commission charges of $120. On June 1, a cash dividend of $1.40 per share was received. On November 12, 4,000 shares were sold at $62 less commission charges of $100. Using the cost method, journalize the entries for (a) the purchase of stock, (b) the receipt of dividends, and (c) the sale of 4,000 shares. ow EX 15-7 Entries for investment in stock, receipt of dividends, and sale of shares OBJ. 3 The following equity investment transactions were completed by Romero Company during a recent year: Apr. 10. Purchased 5,000 shares of Dixon Company for a price of $25 per share plus a brokerage commission of $75. July 8. Received a quarterly dividend of $0.60 per share on the Dixon Company investment. Sept. 10. Sold 2,000 shares for a price of $22 per share less a brokerage commission of $120. Journalize the entries for these transactions