Lowland Company's investment activities from 2020 to 2021 are recorded below. Its year-end is December 31. Lowland Company reports its investments according to ASPE.

1) On January 21, 2020, Lowland Company purchased 280 common shares of Marksmen Holding on the Toronto Stock Exchange at $18.18 per share. This represents a very small percentage of outstanding shares in the company, and Lowland Company plans to keep these for more than one year. 2) On September 30, 2020, Lowland Company received dividends from Marksmen Holding of $1.93 per share. 3) On December 31, 2020, the trading price of Marksmen Holding went up to $19.99 per share. 4) On January 28, 2021, Lowland Company sold all Marksmen Holding shares at $21.68 per share.

Date	Account Title and Explanation	Debit	Credit
Mar 21
	To record acquisition of common shares
Sep 30
	To record dividend received
Dec 31
	To record fair value adjustment to shares
Jan 28
	To record sale of common shares