Crane Inc. had the following transactions pertaining to investments in common stock. Purchased 1,700 shares of...

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Crane Inc. had the following transactions pertaining to investments in common stock. Purchased 1,700 shares of Escalante Corporation common stock (5%) for $103,360 cash. Received a cash dividend of $2 per share. Jan. 1 July 1 Dec. 1 Dec. 31. Received a cash dividend of $2 per share. Sold 340 shares of Escalante Corporation common stock for $21,760 cash. Date Account Titles and Explanation Debit Credit Crane Inc. had the following transactions pertaining to investments in common stock. Purchased 1,700 shares of Escalante Corporation common stock (5%) for $103,360 cash. Received a cash dividend of $2 per share. Jan. 1 July 1 Dec. 1 Dec. 31. Received a cash dividend of $2 per share. Sold 340 shares of Escalante Corporation common stock for $21,760 cash. Date Account Titles and Explanation Debit Credit