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Need assistance c. At year-ogid, adjusted the investment account to fair value of $38 per share. d. Sold the Potter stock for $21 per share
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c. At year-ogid, adjusted the investment account to fair value of $38 per share. d. Sold the Potter stock for $21 per share a. Purchased 410 shares of Potter Fine Foods common stock at $33 per share (less than 15% of Potter's outstanding stock), with the intent of holding the stock for the indejfinite future. b. Received a cash dividend of $1.10 per share on the Potter investment. c. At year-end, adjusted the investment account to fair value of $38 per share. d. Sold the Potter stock for $21 per share Step by Step Solution
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