Current Attempt in Progress Teal, Inc. had the following equity investment portfolio at January 1, 2025. Evers Company 990 shares @ $14 each $13,860 Rogers Company 910 shares @ $21 each 19.110 Chance Company 470 shares @ $9 each 4,230 Equity investments @ cost 37,200 Fair value adjustment (7,330) Equity investments@fair value $29,870 During 2025, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Teal, Inc. sold 320 shares of Chance Company for $11 per share. 3. On May 15, Teal, Inc. purchased 110 more shares of Evers Company stock at $15 per share. (b) 4. At December 31, 2025, the stocks had the following price per share values: Evers $16, Rogers $20, and Chance $8. During 2026, the following transactions took place. 5. On February 1, Teal, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31, 2026, the stocks had the following price per share values: Evers $18 and Rogers $22. Prepare journal entries for each of the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Prepare a partial balance sheet showing the investment-related amounts to be reported at December 31, 2025 and 2026. Teal, Inc. Balance Sheet (Partial) December 31, 2025 December 31, 2026 $ $ Activate Go to Setting