Sunland, Inc. had the following equity investment portfolio at January 1, 2025. Evers Company 960 shares @ $16 each $15,360 Rogers Company 910 shares @ $22 each 20,020 Chance Company 500 shares @ $9 each 4,500 Equity investments @cost 39,880 Fair value adjustment (7,870) Equity investments @fair value $32,010 During 2025, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Sunland, Inc. sold 310 shares of Chance Company for $11 per share. 3. On May 15, Sunland, Inc. purchased 110 more shares of Evers Company stock at $17 per share. 4. At December 31, 2025, the stocks had the following price per share values: Evers $18, Rogers $21, and Chance $8. During 2026, the following transactions took place.