Roberts Company purchases 500 shares of Washington Express common stock at the market price of $79.85 on March 23, 2018. (Roberts' investment in Washington represents less than 5% of the outstanding stock of Washington; Roberts does not have significant influence over Washington.) Roberts intends to hold this Investment for more than one year. On June 22, 2018, Roberts receives a cash dividend of $0.36 per share of the Washington stock. At year-end on December 31, 2018, the Washington common stock that Roberts holds has a quoted market price of 585.96 per share. Roberts has recorded the following journal entries in 2018 for the investment. (Click the icon to view the journal entries.) Read the requirement. Reference Date Debit Credit Journal Entry Accounts 22 Cash Loss on Sale of Equity Securities Nov Date Credit Journal Entry Accounts 23 Investment in Equity Securities Cash Debit 39.925 Mar Investment in Equity Securities 39.926 Journal Entry Accounts Date Debit Credit Jun 22 Cash 180 i Requirement Dividend Revenue 180 Journal Entry Accounts Date Debit Credit Dec 3,055 Roberts sells its entire investment of the Washington common stock on November 22, 2019, for a total of $35,570. Record the entry for the sale. (Record debits first, then credits. Exclude explanations from any joumal entries.) 31 Investment in Equity Securities Unrealized Gain on Equity Securities 3,055 Print Done Print Dona