Rios Co. Is a regional insurance company that began operations on January 1,20V2. The following...

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Rios Co. Is a regional insurance company that began operations on January 1,20V2. The following selected transactions relate to investments acquired by Rios Co, which has a fiscal year ending on December 31: Record these transactions on page 10: 2012 Feb. 1 Purchased 4,900 shares of Caldwell Inc. common stock at $35 per share plus a brokerage commission of $490. Caldwell has 100,000 shares of common stock outstanding. May 1 Purchased securities of Holland Inc. as a trading investment for $84,798. July 1 Sold 2,550 shares of Caldwell Inc. for $33 per share less a $95 brokerage commission. 31 Received an annual dividend of $0.30 per share on 2,350 shares of Caldwell inc. stock. Nov. 15 Sold the remaining shares of Caldwell Inc. for $36 per share less a $75 brokerage commission. Dec. 31 The trading securities of Holland Inc. have a fair value on December 31 of $77,865.

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