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The following securities are in Blossom Company's portfolio of long-term securities at December 31, 2020. 1,400 shares of Willhite Corporation common stock 1,500 shares of

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The following securities are in Blossom Company's portfolio of long-term securities at December 31, 2020. 1,400 shares of Willhite Corporation common stock 1,500 shares of Hutcherson Corporation common stock 1,500 shares of Downing Corporation preferred stock Cost $70,000 93,000 42,000 On December 31, 2020, the total cost of the portfolio equaled total fair value. Blossom had the following transactions related to the securities during 2021 Jan. 20 28 30 Feb. 8 18 30 Sold all 1,400 shares of Willhite Corporation common stock at $53 per share. Purchased 360 shares of $68 par value common stock of Liggett Corporation at $76 per share. Received a cash dividend of $1.15 per share on Hutcherson Corp.common stock. Received cash dividends of $0.70 per share on Downing Corp. preferred stock. Sold all 1,500 shares of Downing Corp. preferred stock at $27 per share. Received a cash dividend of $1.00 per share on Hutcherson Corp.common stock. Purchased an additional 800 shares of $10 par value common stock of Liggett Corporation at $80 per share. Received a cash dividend of $1.20 per share on Liggett Corporation common stock. July Sept. Dec. 6 1 At December 31, 2021, the fair values of the securities were: Hutcherson Corporation common stock Liggett Corporation common stock $66 per share $70 per share Post to the investment accounts. (Use T-accounts.) (Post entries in the order of journal entries presented in the previous part.) Stock Investments

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