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View Policies Current Attempt in Progress Indigo, Inc, had the following equity investment portfolio at January 1, 2020. Evers Company 1,030 shares @ $14
View Policies Current Attempt in Progress Indigo, Inc, had the following equity investment portfolio at January 1, 2020. Evers Company 1,030 shares @ $14 each $14,420 Rogers Company 920 shares @ $22 each 20.240 Chance Company 500 shares $10 each 5,000 Equity investments @cost 39.660 Fair value adjustment (7,220) Equity investments @fair value $32.440 During 2020, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Indigo, Inc. sold 290 shares of Chance Company for $11 per share. 3. On May 15, Indigo, Inc. purchased 90 more shares of Evers Company stock at $15 per share 4. At December 31, 2020, the stocks had the following price per share values: Evers $16, Rogers $21, and Chance 59.
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