Assessing Financial Statement Effects of Passive Investments in Equity Securities (FSET) For the following transactions involving investments in marketable securities, assume that: 1. Ohlson Co. purchases 6,000 common shares of Freeman Co. at $16 cash per share. 2. Ohlson Co. receives a cash dividend of $1.25 per common share from Freeman. 3. Year-end market price of Freeman common stock is $17.50 per share. 4. Ohlson Co. sells all 6,000 common shares of Freeman for $103,680 cash. Record each of the transactions in the financial statement effects template. Note: Use negative signs with your answers, when appropriate. Note: Select "N/A" as your answer if a part of the accounting equation is not affected. Transaction (1) To record purchase of shares. Cash Asset Balance Sheet Noncash Assets = Contributed Earned = Liabilities + Capital + Capital Revenue Income Statement Net Expenses == Income (2) To record dividends. (3) To record adjusting entry. = (4) To recognize sale of shares. Cash Dividend income Dividend receivable Investment Investment income Gain on sale Loss on sale Retained earnings Unrealized gain Unrealized gain - AOCI Unrealized loss Unrealized loss - AOCI N/A