Problem H-05 a-c Here is Crane Company's portfolio of long-term stock investments at December 31, 2019, the end of its first year of operations. 1,260 shares of Batone Inc. common stock 1,200 shares of Mendez Corporation common stock 790 shares of P. Tillman Corporation preferred stock Cost $67,914 75,600 36,340 28 30 On December 31, the total cost of the portfolio equaled the total fair value. Crane had the following transactions related to the securities during 2020. Jan. 20 Sold 1,260 shares of Batone Inc. common stock at $57 per share. Purchased 380 shares of $10 par value common stock of P. Wahl Corporation at $80 per share. Received a cash dividend of $1.13 per share on Mendez Corporation common stock. Feb. 8 Received cash dividends of $0.40 per share on P. Tillman Corporation preferred stock. 18 Sold all 790 shares of P. Tillman preferred stock at $34 per share. July 30 Received a cash dividend of $1.10 per share on Mendez Corporation common stock. Sept. 6 Purchased an additional 650 shares of the $10 par value common stock of P. Wahl Corporation at $75 per share. Received a cash dividend of $1.40 per share on P. Wahl Corporation common stock. Dec. 1 At December 31, 2020, the fair values of the securities were: Mendez Corporation common stock P. Wahl Corporation common stock $58 per share $75 per share Crane uses separate account titles for each investment, such as Investment in Mendez Corporation Common Stock. Prepare journal entries to record the transactions. (Credit account titles are automatically indented when the Date Account Titles and Explanation Debit Credit