Question: Show me the steps to solve Assessing Financial Statement Effects of Marketable Equity Securities Use the financial statement effects template to record the accounts and

Show me the steps to solve Assessing Financial Statement Effects of Marketable Equity Securities
Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable equity securities.
Transactions
a. Purchased 20,000 common shares of Heller Co. at $29.00 cash per share.
b. Received a cash dividend of $14.25 per common share from Heller.
c. Year-end market price of Heller common stock is $30.50 per share.
d. Sold all 20,000 common shares of Heller for $599,640 cash.
Note: Use negative signs with answers when appropriate.
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 Show me the steps to solve Assessing Financial Statement Effects of

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