Castleman holdings inc had the following available-for-sale

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Castleman Holdings, Inc. had the following available-for-sale investment portfolio at January 1, 2014.

Evers Company	1,240 shares @ $16 each	$19,840
Rogers Company	860 shares @ $20 each	17,200
Chance Company	580 shares @ $10 each	5,800
Equity investments (available-for-sale) @ cost		42,840
Fair value adjustment (available-for-sale)		(8,110	)
Equity investments (available-for-sale) @ fair value		$34,730

During 2014, the following transactions took place.

1.		On March 1, Rogers Company paid a $3 per share dividend.
2.		On April 30, Castleman Holdings, Inc. sold 350 shares of Chance Company for $12 per share.
3.		On May 15, Castleman Holdings, Inc. purchased 120 more shares of Evers Co. stock at $17 per share.
4.		At December 31, 2014, the stocks had the following price per share values: Evers $18, Rogers $19, and Chance $9.

During 2015, the following transactions took place.

5.		On February 1, Castleman Holdings, Inc. sold the remaining Chance shares for $9 per share.
6.		On March 1, Rogers Company paid a $3 per share dividend.
7.		On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month.
8.		At December 31, 2015, the stocks had the following price per share values: Evers $20 and Rogers $21.

Reference no: EM13579873

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