Weygandt, Financial & Managerial Accounting, 2e Help | System Announcements (1 Unread) Problem 12-5A following securities are in Frederick Company's portfolio of long-term available-for-sale securities at December 31, 2017. Cost 1,300 shares of Willhite Corporation common stock 1.300 shares of Hutcherson Corporation common 1,350 shares of Downing Corporation preferred stock $65,000 83,200 36,450 On December 31, 2017, the total cost of the portfolio equaled total fair value. Frederick had the folowing transactions related to the securi Jan. 20 Sold all 1,300 shares of Wilhite Corporation common stock at s53 per share shares of $72 par value common stock of Liggett Corporation at $80 per share 28 30 Purchased 300 Received a cash dividend of $1.36 per share on Hutcherson Corporation common stock ived cash dividends of $0.67 per share on Downing Corporation preferred stock. Sold ali 1,350 shares of Downing Corp, preferred stock at 526 per share. 18 July 30 Receiv Sept. 6 Purchased an additional 900 shares of $13 par value common stock of Liggett Corporation at $84 per share ed a cash dividend of $1.00 per share on Hutcherson Corporation common stock Received a cash dividend of $1:29 per share on Liggett Corporation common stock At December 31, 2018, the fair vales Hutcherson Corporation common stock Liggett Corporation common stock of the securities were $68 per share 574 per share