PR$.15\mathrm{.}01$B

PR$.15\mathrm{.}02B$

PR$.15\mathrm{.}03B$

PR$.15\mathrm{.}04B$

Transactions for common stock and trading investments

Zeus Investments Inc. is a regional freight company that began operations on January $1,20$Y$8.$ The following transactions relate to trading securities acquired by Zeus Inc., which has a fiscal year ending on December $31$ :

$20Y8$

Feb. $14.$ Purchased $4,800$ shares of Apollo Inc. common stock at $$26$ per share plus a brokerage commission of $$192.$ Apollo Inc. has $150,000$ shares of common stock outstanding.

Apr. $1.$ Purchased securities of Ares Inc. as a trading investment for $$45,000.$

June $1.$ Sold $600$ shares of Apollo Inc. for $$32$ per share less a $$100$ brokerage commission.

June $27.$ Received an annual dividend of $$0\mathrm{.}20$ per share on $4,200$ shares of Apollo Inc. stock.

Oct. $15.$ Sold the remaining shares of Apollo Inc. for $$25\mathrm{.}50$ per share less a $$300$ brokerage commission.

Dec. $31.$ The trading securities of Ares Inc. have a fair value on December $31$ of $$51,300.$

$20Y9$

Mar. $14.$ Purchased securities of Athena Inc. as a trading investment for $$78,000.$

July $30.$ Sold securities of Athena Inc. that cost $$28,000$ for $$25,000.$

Dec. $31.$ The fair values of the Ares Inc. and Athena Inc. securities are as follows:

$\backslash$table$[[$Issuing Company,Cost,Fair Value$],[$Ares Inc.,$$45,000,$$$54,500$