Here is Indigo Company's portfolio of long-term stock investments at December 31, 2021, the end of its first year of operations. 3,500 shares of Batone Inc. common stock 3,000 shares of Mendez Corporation common stock 2,000 shares of P. Tillman Corporation preferred stock Cost $183,750 210,000 84,000 On December 31, the total cost of the portfolio equaled the total fair value. Indigo had the following transactions related to the securities during 2022 Jan. 20 Sold 3,500 shares of Batone Inc. common stock at $55 per share. 28 Purchased 1,000 shares of $10 par value common stock of P. Wahl Corporation at $78 per share. 30 Received a cash dividend of $1.25 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 2,000 shares of P. Tillman preferred stock at $35 per share. July 30 Received a cash dividend of $1.10 per share on Mendez Corporation common stock. Sept. 6 Purchased an additional 1,500 shares of the $10 par value common stock of P. Wahl Corporation at $82 per share. Dec. 1 Received a cash dividend of $1.50 per share on P. Wahl Corporation common stock. At December 31, 2022, the fair values of the securities were: Mendez Corporation common stock $65 per share P. Wahl Corporation common stock $77 per share Indigo uses separate account titles for each investment, such as Investment in Mendez Corporation Common Stock. Post to the investment accounts. (Use separate T-accounts for each investment.) (For accounts with zero balance select "12/31 Bal." from the list and enter "0" or leave it blank.) Investment in Batone Inc. Common Stock 1/20 8750 8750 12/31 Bal. 8750 Investment in Mendez Corporation Common Stock 12/31 Bal. 195000 5000 D O 12/31 Bal. Investment in P. Tillman Corporation Preferred Stock 2/18 17000 12/31 Bal. 17000 Investment in P. Wahl Corporation Common Stock 1/28 78000 123000 12/31 bal. " 201000