Sheridan, Inc. had the following equity investment portfolio at January 1, 2017. Evers Company Rogers Company Chance Company Equity investments @ cost Fair value adjustment Equity investments @ fair value $13,720 18,920 4,320 36,960 (7,840 ) $29,120 980 shares @ $14 each 860 shares@ $22 each 480 shares$9 each During 2017, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Sheridan, Inc. sold 310 shares of Chance Company for $11 per share 3. On May 15, Sheridan, Inc. purchased 90 more shares of Evers Company stock at $15 per share. 4. At December 31, 2017, the stocks had the following price per share values: Evers $16, Rogers $21, and Chance $8 During 2018, the following transactions took place. 5. On February 1, Sheridan, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31, 2018, the stocks had the following price per share values: Evers $18 and Rogers $23. 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 reguired, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit Prepare a partial balance sheet showing the investment-related amounts to be reported at December 31, 2017 and 2018. Sheridan, Inc. Balance Sheet (Partial) December 31, 2017 December 31, 2018