Investment in equity securities.

A) Agee Corp. acquired a 25% interest in Trent Co. on January 1, 2016, for Dh 450,000. At that time, Trent had 1,000,000 shares of its Dh 1 par common stock issued and outstanding. During 2016, Trent paid cash dividends of Dh 144,000 and thereafter declared and issued a 5% common stock dividend when the market value was Dh 2 per share. Trent's net income for 2016 was Dh 324,000. What is the balance in Agees investment account at the end of 2016?

B) Korman Company has the following securities in its portfolio of trading equity securities on December 31, 2016.

	Cost	Fair Value
5,000 shares of Thomas Corp., Common	Dh 139,500	Dh 125,100
10,000 shares of Gant, Common	163,800	171,000
	Dh 303,300	Dh 296,100

All of the securities had been purchased in 2016.

Instructions

Prepare the general journal entries for Korman Company for the 2016 including the adjusting entry, if any.