Here is Cullumber Company's portfolio of long-term stock investments at December 31, 2019, the end of its first year of operations. Cost 1,350 shares of Batone Inc. common stock $64,530 1,300 shares of Mendez Corporation common stock 81,900 860 shares of P. Tillman Corporation preferred stock 33,540 On December 31, the total cost of the portfolio equaled the total fair value. Cullumber had the following transactions related to the securities during 2020. Jan. 20 Sold 1,350 shares of Batone Inc. common stock at $56 per share. 28 Purchased 390 shares of $10 par value common stock of P. Wahl Corporation at $79 per share. 30 Received a cash dividend of $1.16 per share on Mendez Corporation common stock. Feb. 8 Received cash dividends of $0.40 per share on P. Tillman Corporation preferred stock. 18 Sold all 860 shares of P. Tillman preferred stock at $36 per share. July 30 Received a cash dividend of $1.20 per share on Mendez Corporation common stock. Sept. 6 Purchased an additional 660 shares of the $10 par value common stock of P. Wahl Corporation at $74 per share. Dec. 1 Received a cash dividend of $1.40 per share on P. Wahl Corporation common stock. At December 31, 2020, the fair values of the securities were: Mendez Corporation common stock $58 per share P. Wahl Corporation common stock $73 per share Cullumber uses separate account titles for each investment, such as Investment in Mendez Corporation Common Stock. Show the balance sheet presentation at December 31, 2020. Cullumber Company (Partial) Balance Sheet Investments Stock Investments $ 7160