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

Evers Company		1,050 shares @ $16 each		$16,800
Rogers Company		860 shares @ $21 each		18,060
Chance Company		510 shares @ $9 each		4,590
Equity investments @ cost				39,450
Fair value adjustment				(7,290	)
Equity investments @ fair value				$32,160

During 2020, the following transactions took place.

1.		On March 1, Rogers Company paid a $2 per share dividend.
2.		On April 30, Grouper, Inc. sold 310 shares of Chance Company for $11 per share.
3.		On May 15, Grouper, Inc. purchased 100 more shares of Evers Company stock at $17 per share.
4.		At December 31, 2020, the stocks had the following price per share values: Evers $18, Rogers $20, and Chance $8.

During 2021, the following transactions took place.

5.		On February 1, Grouper, Inc. sold the remaining Chance shares for $8 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 $20 and Rogers $22.

Prepare journal entries for each of the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No.	Account Titles and Explanation	Debit	Credit
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)

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List of Accounts

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

Grouper, Inc. Balance Sheet (Partial)
		December 31, 2020		December 31, 2021
Accumulated Other Comprehensive IncomeAccumulated Other Comprehensive LossCurrent AssetsCurrent LiabilitiesDividend ReceivableEquity InvestmentsIntangible AssetsInvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity
		$		$
Accumulated Other Comprehensive IncomeAccumulated Other Comprehensive LossCurrent AssetsCurrent LiabilitiesDividend ReceivableEquity InvestmentsIntangible AssetsInvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity