On December 31, 2012,
Ogallala Associates owned the following securities, held as a
long-term investment. The securities are not held for influence or control of the investee.
|
Common Stock
|
|
Shares
|
|
Cost
|
| Carlene Co. |
|
2,000 |
|
$60,000 |
| Riverdale Co. |
|
5,000 |
|
45,000 |
| Raczynski Co. |
|
1,500 |
|
30,000 |
On December 31, 2012, the total fair value of the securities was equal to its cost. In 2013, the following transactions occurred.
| July 1 |
|
Received $1 per share semiannual cash dividend on Riverdale Co. common stock. |
| Aug. 1 |
|
Received $0.50 per share cash dividend on Carlene Co. common stock. |
| Sept. 1 |
|
Sold 1,500 shares of Riverdale Co. common stock for cash at $8 per share, less brokerage fees of $300. |
| Oct. 1 |
|
Sold 800 shares of Carlene Co. common stock for cash at $33 per share, less brokerage fees of $500. |
| Nov. 1 |
|
Received $1 per share cash dividend on Raczynski Co. common stock. |
| Dec. 15 |
|
Received $0.50 per share cash dividend on Carlene Co. common stock. |
| Dec. 31 |
|
Received $1 per share semiannual cash dividend on Riverdale Co. common stock. |
At December 31, the fair values per share of the common stocks were: Carlene Co. $32, Riverdale Co. $8, and Raczynski Co. $18.
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