On January 2, 2019, All Good Company purchased 9,000 shares of the stock of Big Bad Company, and DID NOT obtain significant influence.The investment is intended as a long-term investment.The stock was purchased for $12 per share, and represents a 10% ownership stake.Big BadCompany made $450,000 of net income in 2019, and paid dividends to All Good Company of $5,000 on December 15, 2019.On December 31, 2019, Big Bad Company's stock was trading on the open market for $10.50 per share at the end of the year.