Required information

Use the following information for the Exercises below. $($Static$)$

$[$The following information applies to the questions displayed below.$]$

a$.$ On March $22,$ purchased $1,000$ shares of RPI Company stock at $$10$ per share. Duke's stock investment results in it

having an insignificant influence over RPI.

b$.$ On July $1,$ received a $$1$ per share cash dividend on the RPI stock purchased in part $a.$

c$.$ On October $8,$ sold $50$ shares of RPI stock for $$15$ per share.

Exercise $15-9($Static$)$ Financial statement impact of stock investments LO P$4$

Analyze each transaction above by showing its effects on the accounting equation$-$specifically, identify the accounts and amounts

$($including $+$ or $-)$ for each transaction.