On February 22, Triangle Corporation acquired 7,700 shares of the 270,000 outstanding common stock of Jupiter Co. at $37.90 plus commission charges of $770. On June 1, a cash dividend of $0.65 per share was received. On November 12, 2,500 shares were sold at $46 less commission charges of $300. At the end of the accounting period on December 31, the fair value of the remaining 5,200 shares of Jupiter Companys stock was $38.50 per share