Stock Investment Transactions On September 12, 3,300 shares of Aspen Company are acquired at a price of $32.00 per share plus a $165 brokerage commission. On October 15, a $1.00-per-share dividend was received on the Aspen Company stock, On November 10, 1,320.00 shares of the Aspen Company stock were sold for $27 per share less a $66 brokerage commission When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method. Sept. 12 Oct. 15 Nov. 10 III I Equity Method On January 2, Yorkshire Company acquired 36% of the outstanding stock of Fain Company for $280,000. For the year ended December 31, Fain Company earned income of $73,000 and paid dividends of $22,000. Prepare the entries for Yorkshire Company for the purchase of the stock, the share of Fain income, and the dividends received from Fain Company, Jan. 2 - Purchase Dec. 31 - Income III Dec. 31 - Dividends