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One February 1. Game Lock Corporation acquired 34.000 shares of the 50.000 outstanding common stock of Nintendos. At $25 plus commission charges of 5680. On

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One February 1. Game Lock Corporation acquired 34.000 shares of the 50.000 outstanding common stock of Nintendos. At $25 plus commission charges of 5680. On June 1, cash dividend of $170 per share was received on November 13, 7.000 shares were sold at $31 less commission charges of $100. At the end of the accounting period on December 31. the tair value of the remaining 27.000 shares of Nintendos stock was $25 52 per share Please show at work and complete the following: Journalise entries for 1. The purchase of the stock 2. The receipt of dividends 3. The sale of 7.000 shares 4. The change in fair value

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