The following subsidiary ledgers show the Investment at Fair Value Through Profit or Losses of Hart Corp. for the year 2018: BLACK INC Date June July sep Oct Date Feb Aug Nov Dec 2 5 15 2 28 5 15 Particulars Purchase of 2,000 shares Adjusted to market value; credit to retained earnings Sold 1,000 shares at P45() Received 50% share dividends (debited at par value); credit to dividend income Stocks were split 2 for 1 ; to Investm en Income Sold I ,OOO shares at P150 WHITE m c P articu lar s Purchase 20 , 000 shares Cash dividend to share of February 15, declared January 15 Debit 570,000 30,000 150,000 450,000 Debit 1 sold 20,000 shares at P195 purchased 50,000 shares Cash received from sale of 20,000 shares after a N o vemb er I declaration of P 15 cash dividend per share to shareholders of record as of December 1 Cash dividends received Credit 450 , 000 150,000 Credit 90,000 3,700,000 450,000 Black Inc. shares and White Inc. shares were selling at PISO and P19(), respectively, as of December 31, 2018.