CALCULATOR ES Problem 16-OSA a-d (Part Level Submission) The following securities are in Blossom Company's portfolio of long-term securities at December 31, 2020. Cost 1,000 shares of Willhite Corporation common stock $50,000 1,200 shares of Hutcherson Corporation common stock 68,400 1,000 shares of Downing Corporation preferred stock 26,000 On December 31, 2020, the total cost of the portfolio equaled total fair value. Blossom had the following transactions related to the securities during 2021. Jan. 20 Sold all 1,000 shares of Willhite Corporation common stock at $53 per share. 28 Purchased 300 shares of $67 par value common stock of Liggett Corporation at $75 per share 30 Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock Feb. B Received cash dividends of $0.30 per share on Downing Corp. preferred stock. 18 Sold all 1,000 shares of Downing Corp, preferred stock at $25 per share. July 30 Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock Sept. 6 Purchased an additional 800 shares of $10 par value common stock of Liggett Corporation at $79 per har Dec. Received a cash dividend of $1.20 per share on Liggett Corporation common stock. 1 At December 31, 2021, the fair values of the securities were: Hutcherson Corporation common stock Liggett Corporation common stock $61 per share $69 per share By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your inst on) on) (d) udy. Your answer is partially correct. Try again. Show the balance sheet presentation at December 31, 2021, for the investment-related accounts. Blossom Company Balance Sheet (Partial) December 31, 2021 Investments Investment in Stock of Less Than 20% Owned Companies, at fair value Stockholders' Equity Common Stock XXXXX Less Accumulated Other Comprehensive Loss -6960 Total Stockholders' Equity $ xxxxx Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor At CALCULATOR ES Problem 16-OSA a-d (Part Level Submission) The following securities are in Blossom Company's portfolio of long-term securities at December 31, 2020. Cost 1,000 shares of Willhite Corporation common stock $50,000 1,200 shares of Hutcherson Corporation common stock 68,400 1,000 shares of Downing Corporation preferred stock 26,000 On December 31, 2020, the total cost of the portfolio equaled total fair value. Blossom had the following transactions related to the securities during 2021. Jan. 20 Sold all 1,000 shares of Willhite Corporation common stock at $53 per share. 28 Purchased 300 shares of $67 par value common stock of Liggett Corporation at $75 per share 30 Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock Feb. B Received cash dividends of $0.30 per share on Downing Corp. preferred stock. 18 Sold all 1,000 shares of Downing Corp, preferred stock at $25 per share. July 30 Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock Sept. 6 Purchased an additional 800 shares of $10 par value common stock of Liggett Corporation at $79 per har Dec. Received a cash dividend of $1.20 per share on Liggett Corporation common stock. 1 At December 31, 2021, the fair values of the securities were: Hutcherson Corporation common stock Liggett Corporation common stock $61 per share $69 per share By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your inst on) on) (d) udy. Your answer is partially correct. Try again. Show the balance sheet presentation at December 31, 2021, for the investment-related accounts. Blossom Company Balance Sheet (Partial) December 31, 2021 Investments Investment in Stock of Less Than 20% Owned Companies, at fair value Stockholders' Equity Common Stock XXXXX Less Accumulated Other Comprehensive Loss -6960 Total Stockholders' Equity $ xxxxx Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor At
