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**Only need help with #4 shown below** Problem 17-10 Marigold, Inc. had the following equity investment portfolio at January 1, 2017 Evers Company Rogers Company
**Only need help with #4 shown below**
Problem 17-10 Marigold, Inc. had the following equity investment portfolio at January 1, 2017 Evers Company Rogers Company Chance Company Equity investments cost Fair value adjustment Equity investments fair value 970 shares 860 shares 530 shares $15 each $20 each $9 each $14,550 17,200 4,770 36,520 (7,280 ) $29,240 During 2017, the following transactions took place 1. On March 1, Rogers Company paid a $2 per share dividend 2. On April 30, Marigold, Inc. sold 320 shares of Chance Company for $11 per share 3. On May 15, Marigold, Inc. purchased 90 more shares of Evers Company stock at $16 per share 4. At December 31, 2017, the stocks had the following price per share values: Evers $17, Rogers $19, and Chance $8 During 2018, the following transactions took place 5. On February 1, Marigold, Inc. sold the remaining Chance shares for $8 per share 6. On March 1, Rogers Company paid a $2 per share dividend 7. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month 8. At December 31, 2018, the stocks had the following price per share values: Evers $19 and Rogers $21Step by Step Solution
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