On January 5, 2020, Sage Hill Company purchased the following stock securities: 330 shares Bonter Corporation common stock for $4,950. 550 shares Wane Corporation common stock for $11,000. 880 shares Strauss Corporation common stock for $25,080. Assume that Sage Hill Company cannot exercise significant influence over the activities of the investee companies and that the cost method is used to account for the investments. On June 30, 2020, Sage Hill Company received the following cash dividends: Bonter Corporation $2.00 per share Wane Corporation $1.00 per share Strauss Corporation $1.50 per shareOn November 15, 2020, Sage Hill Company sold 188 shares of Strauss Corporation common stock for $8,460. On December 31, 2020, the fair value of the securities held by Sage Hill Company is as follows: Per Share Bonter Corporation common stock $10 Wane Corporation common stock 16 Strauss Corporation common stock 28 Prepare the appropriate journal entries that Sage Hill Company should make during 2020 to account for the company's stock portfolio. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit