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Assessing Financial Statement Effects of Marketable Equity Securities Use the financial statement effects template to record the following four tran: securities. Assume that these transactions

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Assessing Financial Statement Effects of Marketable Equity Securities Use the financial statement effects template to record the following four tran: securities. Assume that these transactions occur in 2018. 1. Purchased 18,000 common shares of Baez, Inc, at $12 cash per share. 2. Received a cash dividend of $1.20 per common share from Baez. 3. Year-end market price of Baez common stock is $11.25 per share. 4. Sold all 18,000 common shares of Baez for $213,600. Use negative signs with your answers, when appropriate. Balance Sheet Noncash Contributed Transaction Cash Asset + Assets - Liabilities + Capital Income Statement Earned Capital Revenue Expenses - Net Income

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