Excerpts from the financial statements of Macy Limited are as follows. (Numbers are in thousands.)

Footnotes:
Short-term equity investments. As of December 31, 2016, trading securities were valued at $130; during 2017.
Long-term investments. On January 30, 2017, the company purchased 40 percent (50,000 shares) of the outstanding equity of Lehmon Financial Services at $10 per share.

REQUIRED:
Compute the following dollar amounts:
a. The balance sheet carrying value of the short-term equity investments sold during 2017.
b. Show how short-term equity investments on the 2017 balance sheet went from its beginning to its ending balance.
c. Compute the earnings-per-share dollar amount reported by the affiliate.
d. Compute the per-share dividend declared by the affiliate.

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2017 2016 BALANCE SHEET Assets: $ 290 $130 Short-term equity investments Long-term investments 530 INCOME STATEMENT $ 80 Gain on sale of investments Unrealized gain Equity income 40 2017 2016 STATEMENT OF CASH FLOWS Operating section (The following amounts were subtracted from net income in the calculation of net cash from operating activities.): Gains on short-term investments $(110) Equity income in excess of cash received (30) Investing section: Investment in long-term investments (500) Investment in short-term equity investments (290) Sale of short-term equity investments 240