Flores Company purchases 900 shares of Sherman Express common stock at the market price of S79.24 on March 23, 2018. (Flores' investment in Sherman represents less than 5 % of the outstanding stock of Sherman; Flores year. On June Flores receives a cash dividen SC 1 per share of the Sherman At year-end on December 31, 2018, the Sheman common stock that Flores holds has a market price of $88.13 per share. Read the requirement Journal Entry Date Accounts Debit Credit X Requirement Dec 31 Flore Sherman common stock to fair value. (Record debits first. then credits, Exclude explanations from any journal entries.) Cash Print Done Dividend Revenue Gain on Sale of Equity Securities Investment in Equity Securities Loss on Sale of Equity Securities Equity Securities Unrealized Gain Equity Securities Unrealized Loss