On February 22, Triangle Corporation acquired 5,300 shares of the 185,000 outstanding common stock of Jupiter Co. at $41.85 plus commission charges of $795. On June 1, a cash dividend of $1.10 per share was received. On November 12, 1,700 shares were sold at $50 less commission charges of $204. At the end of the accounting period on December 31, the fair value of the remaining 3,600 shares of Jupiter Companys stock was $42.50 per share.

In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar.

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a. Using the cost method, journalize the entry for the purchase of stock. If an amount box does not require an entry, leave it blank.

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b. Using the cost method, journalize the entry for the receipt of dividends. If an amount box does not require an entry, leave it blank.

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c. Using the cost method, journalize the entry for the sale of 1,700 shares. If an amount box does not require an entry, leave it blank.

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d. Using the cost method, journalize the entry for the change in fair value. If an amount box does not require an entry, leave it blank.

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