40,500 shares. Quayle declared and paid $0.50 per share cash dividends on March 15, June 15, September 15, and December 15, 2014. Quayle reported net income of $356,300 for the year. At December 31, 2014, the market price of Quayle common stock was $25 per share.
Indicate the balance sheet and income statement account balances at December 31, 2014, under each method of accounting
Stock investment
Unrealized gain-income
Dividend revenue
Revenue from stock investments