Help I System Announcements CALCULATOR PRINTER VERSION BACK NEXT Problem 16-05A a-d (Part Level Submission) The following securities are in Wildhorse Company's portfollo of long-term securties at December 31, 2020. Cost 1,200 shares of Willhite Corporation common stock 1,200 shares of Hutcherson Corporation common stock 1,000 shares of Downing Corporation preferred stock $60,000 69,600 26,000 On December 31, 2020, the total cost of the portfolio equaled total fair value. Wildhorse had the following transactions related to the securities during 2021. Jan. 20 Sold all 1,200 shares of Willhite Corporation common stock at $53 per share. 28 Purchased 540 shares of $72 par value common stock of Liggett Corporation at $80 per share. Received a cash dividend of $1.45 per share on Hutcherson Corp. common stock. 8 30 Feb. Received cash dividends of s0.40 per share on Downing Corp. preferred stock. 18 Sold alil 1,000 shares of Downing Corp. preferred stock at $25 per share. e U July 30 Sept. 6 Dec. 1 Received a cash dividend of $1.00 per share on Hutcherson Corp. common stock. Purchased an additional 860 shares of $15 par value common stock of Liggett Corporation at s84 per share. Recelved a cash dividend of $1.20 per share on Liggett Corporation common stock. At December 31, 2021, the fair values of the securities were: ters $62 per share $74 per share Hutcherson Corporation common stock Cernoration common stock Weygandt, Accounting Principles, 13e Help I System Announcements CALCULATOR PRINTER VERSION BACK Jan. 28 Stock Investments 43,200 Cash 43,200 1740 Jan. 30 Cash Dividend Revenue 1740 Feb. 8 Cash 400 Dividend Revenue 400 Feb. 18Cash 25,000 Loss on Sale of Stock Investments 1,000 Stock Investments 26,000 uly 30 Cash 1,200 Dividend Revenue 1,200 Dec. 1 Cash 1,680