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uestion 1 On October 1, 2020, White Company declared a property dividend payable in the form of marketable equity securi marketable equity securities will be

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uestion 1 On October 1, 2020, White Company declared a property dividend payable in the form of marketable equity securi marketable equity securities will be distributed to the common stockholders on December 1, 2020. The investment investment's fair value on various dates is as follows: October 1, 2020 $530,000 December 1, 2020 535,000 December 31, 2020 540,000 The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be X SO $20,000 $25,000 $30,000 Question 2 uestion 1 On October 1, 2020, White Company declared a property dividend payable in the form of marketable equity securi marketable equity securities will be distributed to the common stockholders on December 1, 2020. The investment investment's fair value on various dates is as follows: October 1, 2020 $530,000 December 1, 2020 535,000 December 31, 2020 540,000 The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be X SO $20,000 $25,000 $30,000 Question 2

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