Question 1 On October 1, 2020, White Company declared a property dividend payable in the form of marketable equity securities classified The marketable equity securities will be distributed to the common stockholders on December 1, 2020. The investment in equity 2020. The investment's fair value on various dates is as follows: October 1, 2020 $530,000 December 1, 2020 535,000 December 31, 2020 540,000 The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be Question 1 On October 1, 2020, White Company declared a property dividend payable in the form of marketable equity securities classified The marketable equity securities will be distributed to the common stockholders on December 1, 2020. The investment in equity 2020. The investment's fair value on various dates is as follows: October 1, 2020 $530,000 December 1, 2020 535,000 December 31, 2020 540,000 The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be