Stellar, Inc. had the following equity investment portfolio at January 1, 2017. ers Company 1,010 shares @ $16 each 870 shares@ $22 each 510 shares @ $9 each $16,160 19,140 4,590 39,890 (7,500) Rogers Company Chance Company Equity investments @ cost Fair value adjustment Equity investments @ fair value $32,390 During 2017, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Stellar, Inc. sold 320 shares of Chance Company for $11 per share. 3. On May 15, Stellar, Inc. purchased 90 more shares of Evers Company stock at $17 per share. 4. At December 31, 2017, the stocks had the following price per share values: Evers $18, Rogers $21, and Chance $8. During 2018, the following transactions took place. 5. On February 1, Stellar, 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 8. At December 31, 2018, the stocks had the following price per share values: Evers $20 and Rogers month $23