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Crane Inc. had the following transactions pertaining to investments in common stock. Jan. 1
Purchased 1,700 shares of Escalante Corporation common stock ( 5% ) for $103 , 360 cash. July
1 Received a cash dividend of $2 per share. Dec. 1 Sold 340 shares of Escalante Corporation
common stock for $21 , 760 cash. Dec. 31 Received a cash dividend of $2 per share. Date
Account Titles and Explanation Debit Credit

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