Jan. 14 Purchased 500 shares of Technomite stock, paying $48 per share. The investment represents 3% ownership in Technomite's voting stock. Raider does not have significant influence over Technomite. Raider intends to hold the investment for the indefinite future Aug. 22 Received a cash dividend of $0.32 per share on the Technomite stock. Dec. 31 Adjusted the investment to its current market value of $45 per share. 31 Technomite reported net income of $250,000 for the year ended 2018