Question: The following are facts about the investments of Howard Company
1/1/15 You purchased 44,100 shares of Entron Co Stock for $1,896.
300 Entron has 147,000 shares outstanding
12/31/15 Entron reported net income of $420,000
6/30/16 You received a cash dividend of $26,000 from Entron.
12/31/16 Entron reported net income of $504,000
8/2/17 You received a cash dividend of $27,040 from Entron.
What is the value of Investment in Entron Co. Stock on 8/2/17?