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In early 2 0 2 3 , Kalkay Inc. found itself with idle cash that it decided to invest in the shares of another business.

In early 2023, Kalkay Inc. found itself with idle cash that it decided to invest in the shares of another business. The following events transpired in 2023 and 2024:
2023
Jan 23 Kalkay Inc. purchased 2,000 shares in Tiodnaci Corporation at $16.25 per share and paid a brokerage fee of $650. This investment was classified as a short-term investment.
Nov. 15 A dividend of $1.25 per share was received on the Tiodnaci Corporation shares.
Dec. 31 This is the end of the fiscal year for Kalkay Inc. On this date, the Tiodnaci Corporation shares were worth 18.50 per share.
2024
Jan. 27 Kalkay Inc. sold 500 Tiodnaci Corporation shares for 18.00 per share.
Mar 30 A dividend of $2 per share was received on the Tiodnaci Corporation shares.
Jun. 30 Kalkay Inc. sold all of the remaining Tiodnaci Corporation shares for 21.00 per share.
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