statement effects template to record the following transactions: (1) Ball purchased 10,000 common shares of Leftwich at $14 cash per share. (2) Leftwich reported annual net income of $50,000. (3) Ball received a cash dividend of $1.10 per common share from Leftwich. (4) Year-end market price of Leftwich common stock is $19 per share. statement effects template to record the following transactions: (1) Ball purchased 10,000 common shares of Leftwich at $14 cash per share. (2) Leftwich reported annual net income of $50,000. (3) Ball received a cash dividend of $1.10 per common share from Leftwich. (4) Year-end market price of Leftwich common stock is $19 per share