On February 15, Jewel Company buys 7,300 shares of Marcelo Corp. at $28.56 per share. The stock is classified as a stock investment wth ins gnificant influence. This is the company's first and only stock investment On March 15, Marcelo Corp. declares a cividend of $1.18 per share payable to stockholders of record on April 15. Jewel Company received the dividenc on April 15 and ultimately sells half of the Marcelo Corp.stock on November 17 of the current year for $29.33 per share. The fair value of the remaining 1.650 shares is 579.53 per shorn. The mount that.Iewel Company should report in the asnt section of its year and December 31 balance sheet for its investment in Marcelo Carpis Multiple Choice S107,784 52.310 S205 898 S5,981. $3.336