On January 1, 2018 Vulcan Company purchased 400 of the 1000 shares of Star Trek company stock for $60,000.
At this time, Star Trek had a truck with a book value of $40,000 and a fair market value of $80,000. The truck has a
life of 5 years with no salvage value and Star Trek uses straight line depreciation
On July 1, 2018 Star Trek paid a dividend of $1 per share
On December 31, 2018 Star Trek reported a profit of $11,000 and its stock was selling $151 per share
On July 1, 2019 Star Trek paid a dividend of $2 per share
On December 31, Star Trek reported a loss of $5000 and its stock was selling for $148 per share
On July 1, 2020 Star Trek announced that it wasn't paying any dividends in 2020.
On December 31, 2020 Star Trek reported a profit of $3000 and its stock was selling for $155 per share
On January 31, 2021 Vulcan sold its entire investment in Star Trek at $150 per share
REQUIRED
A) MAKE ALL THE JOURNAL ENTRIES CONNECTED WITH VULCAN'S INVESTEMENT IN STAR TREK IN
	2018
	2019
	2020
	2021
B) FILL IN THE FOLLOWING TABLE
		2018	2019	2020
INVESTMENT IN STAR TREK
INVESTMENT INCOME