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Unit IV Lab Assignment Question 6 of 20 < -/5 On December 31, 2021, the end of its first year of operations, Cullumber Associates

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Unit IV Lab Assignment Question 6 of 20 < -/5 On December 31, 2021, the end of its first year of operations, Cullumber Associates owned the following securities, that are held as a long-term investments. The securities are not held for influence or control of the investee. Common Stock Shares Cost Gehring Co. 2,000 $60,000 Wooderson Co. 5,000 45,000 Kitselton Co. 1,400 25,200

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