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Concord Today Publishers completed the following investment transactions during 2018 and 2019: (Click the icon to view the transactions.) More Info Dec. 6, 2018 Dec.

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Concord Today Publishers completed the following investment transactions during 2018 and 2019: (Click the icon to view the transactions.) More Info Dec. 6, 2018 Dec. 23, 2018 Dec. 31, 2018 Jan. 27, 2019 Purchased 950 shares of Lovely stock at a price of $20.00 per share, intending to sell the investment next month. Concord did not have significant influence over Lovely. Received a cash dividend of $1.40 per share on the Lovely stock. Adjusted the investment to its market value of $16.00 per share. Sold the Lovely stock for $16.10 per share. Print Done Requirements 1. Journalize Concord Today's investment transactions. Explanations are not required. 2. On December 31, 2018, how would the Lovely stock be classified and at what value would it be reported on the balance sheet

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