v > education.wiley.com C + 88 HW#17 ACCT120B Practice Problems Chapter 17.xIsx: ACCT 12... W NWP Assessment Player UI Application Course Hero - HW#17 Question 4 of 4 ... Sheridan, Inc. had the following equity investment portfolio at January 1, 2020. Evers Company 980 shares @ $14 each $13,720 Rogers Company 860 shares @ $22 each 18,920 Chance Company 480 shares @ $9 each 4,320 Equity investments @ cost 36,960 Fair value adjustment (7,840 ) Equity investments @ fair value $29,120 During 2020, the following transactions took place. 1. On March 1, Rogers Company paid a $2 per share dividend. 2. On April 30, Sheridan, Inc. sold 310 shares of Chance Company for $11 per share. 3 . On May 15, Sheridan, Inc. purchased 90 more shares of Evers Company stock at $15 per share. 4. At December 31, 2020, the stocks had the following price per share values: Evers $16, Rogers $21, and Chance $8. During 2021, the following transactions took place. 5 . On February 1, Sheridan, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend.V education.wiley.com C + 88 HW#17 ACCT120B Practice Problems Chapter 17.xisx: ACCT 12... W NWP Assessment Player UI Application Course Hero - HW#17 Question 4 of 4 > ... (7) (8) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above