Sarasota, Inc. had the following equity investment portfolio at January 1, 2017 1,030 shares @ $14 each 920 shares @ $22 each 500 shares @ $10 each Evers Company Rogers Company Chance Company Equity investments @ cost Fair value adjustment Equity investments @ fair value $14,420 20,240 5,000 39,660 (7,220) $32,440 During 2017, the following transactions took place. 1. 2. 3. 4. On March 1, Rogers Company paid a $2 per share dividend. On April 30, Sarasota, Inc. sold 290 shares of Chance Company for $11 per share. On May 15, Sarasota, Inc. purchased 90 more shares of Evers Company stock at $15 per share. At December 31, 2017, the stocks had the following price per share values: Evers $16, Rogers $21, and Chance $9. During 2018, the following transactions took place. 5. 6. 7. 8. On February 1, Sarasota, Inc. sold the remaining Chance shares for $9 per share. On March 1, Rogers Company paid a $2 per share dividend. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month. At December 31, 2018, the stocks had the following price per share values: Evers $18 and Rogers $23. (a) Prepare journal entries for each of the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation Debit Credit