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During the year ended December 31, 2017, Indigo Corporation, a public company, had the following transactions related to investments held for trading purposes Feb. 1

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During the year ended December 31, 2017, Indigo Corporation, a public company, had the following transactions related to investments held for trading purposes Feb. 1 Purchased 650 IBF common shares for $29,900. Mar. 1 Purchased 1,200 Raimundo common shares for $36,000. Apr. 1 Purchased $220,000 of CRT 3% bonds at par. Interest is payable semi-annually on April 1 and October 1. Duly 1 Received a cash dividend of $1.50 per share on the IBF common shares. Aug. 1 Sold 350 IBF common shares at $50 per share. Oct. 1 Received the semi-annual interest on the CRT bonds. 1 Sold the CRT bonds for $225,000. Dec. 31 The fair values of the IBF and Raimundo common shares were $52 and $26 per share, respectively Record the transactions and any required year-end adjusting entries. (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically ine Show the financial statement presentation of the investments and any related accounts in the financial statements for the year ended December 31, 2017 decimal places, e.g. 5,275.) Round ansivers to 0

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