On

JanuaryJanuary

1,

20182018,

GreenGreen

Company invests

$ 17 comma 000$17,000

in

BulbsBulbs,

Inc. stock.

BulbsBulbs

pays

GreenGreen

a

$ 1 comma 000$1,000

dividend on

AugustAugust

1,

20182018.

GreenGreen

sells the

BulbsBulbs's

stock on

AugustAugust

31,

20182018,

for

$ 17 comma 500$17,500.

Assume the investment is categorized as a short-term equity investment and

GreenGreen

Company does not have significant influence over

BulbsBulbs,

Inc.