Equity Investments: Less than 20% ownership

On September 12, 2,300 shares of Denver Companys common stock are acquired at a price of $64 per share plus a $115 brokerage commission. On October 15, an $1.20-per-share dividend was received on the Denver Company stock. On November 10, 920 shares of the Denver Company stock were sold for $58 per share less a $46 brokerage commission. At the end of the accounting period on December 31, the fair value of the remaining 1,380 shares of Denver Companys stock was $57 per share. Denver Company has 370,000 shares of common stock outstanding.

Journalize the entries for the original purchase, dividend, sale, and change in fair value under the fair value method. If an amount box does not require an entry, leave it blank.