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On January 5, 2020, Windsor Company purchased the following stock securities: 390 shares Bonter Corporation common stock for $5,850. 650 shares Wane Corporation common
On January 5, 2020, Windsor Company purchased the following stock securities: 390 shares Bonter Corporation common stock for $5,850. 650 shares Wane Corporation common stock for $13,000. 1,040 shares Strauss Corporation common stock for $29.640. Assume that Windsor 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, Windsor Company received the following cash dividends: Bonter Corporation Wane Corporation: Strauss Corporation $2.00 per share $1.00 per share $1.50 per share. On November 15, 2020, Windsor Company sold 208 shares of Strauss Corporation common stock for $9,360. On December 31, 2020, the fair value of the securities held by Windsor Company is as follows:
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