Crane, Inc. had the following equity investment portfolio at January 1, 2020.

Evers Company		1,050 shares @ $15 each		$15,750
Rogers Company		890 shares @ $22 each		19,580
Chance Company		490 shares @ $8 each		3,920
Equity investments @ cost				39,250
Fair value adjustment				(7,510	)
Equity investments @ fair value				$31,740

During 2020, the following transactions took place.

1.		On March 1, Rogers Company paid a $2 per share dividend.
2.		On April 30, Crane, Inc. sold 300 shares of Chance Company for $12 per share.
3.		On May 15, Crane, Inc. purchased 90 more shares of Evers Company stock at $16 per share.
4.		At December 31, 2020, the stocks had the following price per share values: Evers $17, Rogers $21, and Chance $7.

During 2021, the following transactions took place.

5.		On February 1, Crane, Inc. sold the remaining Chance shares for $7 per share.
6.		On March 1, Rogers Company paid a $2 per share dividend.
7.		On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month.
8.		At December 31, 2021, the stocks had the following price per share values: Evers $19 and Rogers $23.

A) Prepare journal entries for each of the above transactions

B)Prepare a partial balance sheet showing the investment-related amounts to be reported at December 31, 2020 and 2021.