PLUS weygandt, Accounting principles, 12e I &II (BU 155-156) 2017. s of Willhite Corporation common stock 1,100 s 1,400 shares of Hutcherson Corporation common stock 1,200 shares of Downing Corporation preferred stock $55,000 79,800 38,400 On December 31, 2017, the total cost of the portfolio equaled total fair value. Frederick had the following tran related to the securities during 2018. Study Sold all 1,100 shares of Willhite Corporation common stock at $53 per share. Purchased 370 shares of $72 par value common stock of Liggett Corporation at $80 per share. Received a cash dividend of $1.15 per share on Hutcherson Corp. common stock. Received cash dividends of so.60 per share on Downing Corp. preferred stock. Sold all 1,200 shares of Downing Corp, preferred stock at $31 per share. Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock. Jan. 20 28 30 Feb. 8 18 July 3O Sept. 6 Purchased an additional 830 shares of $15 par value common stock of Liggett Corporation at $84 per share. Dec. 1 Received a cash dividend of $1.60 per share on Liggett Corporation common stock. At December 31, 2018, the fair values of the securities were: Hutcherson Corporation common stock $61 per share Liggett Corporation common stock $74 per share