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Better Boat Company's Alice and Zohar Walworth are pleased with the growth of their business and have decided to invest its temporary excess cash in

Better Boat Company's Alice and Zohar Walworth are pleased with the growth of their business and have decided to invest its temporary excess cash in a brokerage account. The company had the following securities transactions in 2025.
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Jul. 1: Purchased 4,000 shares in Aldrich Outdoor Adventure Company for $5 per share. Better Boat does not have significant influence over Aldrich.
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Jul. 1 Purchased 4,000 shares in Aldrich Outdoor Adventure Company for $5
per share. Better Boat does not have significant influence over Aldrich.
Jul. 7 Purchased 30% of the stock of Billybo Backpacks consisting of 54,000
shares of stock (out of a total of 180,000 shares) for $1 per share.
Better Boat does have significant influence over Billybo.
Jul. 10 Purchased a bond from Crumble Canoes with a face value of $90,000.
Better Boat intends to hold the bond to maturity. The bond pays interest
semiannually on June 30 and December 31.
Sep. 30 Received dividends of $0.50 per share from Aldrich.
Nov. 1 Received dividends of $0.60 per share from Billybo.
Dec. 31 Received an interest payment of $2,700 from Crumble Canoes.
Dec. 31 Billybo Backpacks reported net income of $50,000 for the year. Better
Boat Company's share of the net income is $7,500.
Dec. 31 Adjusted the Aldrich stock for a market value of $4.88 per share.
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