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Journalizing Equity Investment Transactions; less than 20% Ownership On January 23, 15,000 shares of Aurora Company's common stock are acquired at a price of $25

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Journalizing Equity Investment Transactions; less than 20% Ownership On January 23, 15,000 shares of Aurora Company's common stock are acquired at a price of $25 per share. On April 12 , a s0.50-per-share dividend was recelved on the Aurora Company stock. On June 10,6,000 shares of the Aurora Company stock were sold for 531 per share. At the end of the accounting period (December 31), the fair value of the remaining 9,000 shares of Aurora Compciny's stock was $30 per 5 hare. Aurora Company has 200,000 shares of common stock outstanding. Journalize the entries for the purchase of the stock, the receipt of the dividends, the sale of 6,000 shares, and the change in fair value, If an arnount box doe not require an entry, leave it blank

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