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The following are facts about the investments of howard

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?

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