Kingbird, Inc. had the following equity investment portfolio at January 1, 2020. $16,000 Less: Pr Securiti Workin Evers Company 1,000 shares @ $16 each Rogers Company 880 shares @ $21 each 18,480 Chance Company 520 shares @ $9 each 4,680 Equity investments@cost 39,160 Fair value adjustment (7.150) Equity investments @fair value $32,010 During 2020, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2 On April 30, Kingbird, Inc. sold 320 shares of Chance Company for $11 per share 3. On May 15, Kingbird, Inc. purchased 100 more shares of Evers Company stock at $17 per share. 4. At December 31, 2020, the stocks had the following price per share values: Evers $18, Rogers $20, and Chance $8. During 2021, the following transactions took place. 5. On February 1, Kingbird, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend. E Co(15) (1000+1 R Co (900 sha Total Po Less: Pre Securitie b.Prepa Pa Current Investm Available Stock H Accumu Was this anst Post a