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Port Company purchased 41,600 of the 104,000 outstanding shares of Sund Company common stock on January 1,202, for $193,000. The purchase price was equal to

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Port Company purchased 41,600 of the 104,000 outstanding shares of Sund Company common stock on January 1,202, for $193,000. The purchase price was equal to the book value of the shares purchased. Sund reported the following: Required: Compute the amounts Port Company should report as the carrying values of its investment in Sund Company at December 31,202 203, and 204

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