eBook Print Question 1 Not complete Marked out of 4.00 P Flag question Assessing Financial Statement Effects of Marketable Equity Securities Use the financial statement effects template to record the following four transactions involving investments in marketable equity securities. Assume that these transactions occur in 2018. 1. Purchased 18,000 common shares of Baez, Inc., at $12 cash per share. 2. Received a cash dividend of $1.20 per common share from Baez. 3. Year-end market price of Baez common stock is $11.25 per share. 4. Sold all 18,000 common shares of Baez for $213,600. Income Statement Use negative signs with your answers, when appropriate. Balance Sheet Noncash Contributed Transaction Cash Asset + Assets = Liabilities Capital Earned Capital Net Income Revenue - Expenses