on december 31, 2021, the end of its first year of operations, blossom associates owned the following securities, that are held as a long-term investments. the securities are not held for influence or control of the investee. cost shares common stock $50,400 1.800 gehring co. 33,600 wooderson co. 4,800 1,400 25,200 littleton co. on december 31, 2021, the total fair value of the securities was equal to its cost. in 2022, the following transactions occurred. 1 received $0.50 per share cash dividend on gehring co. common stock. aug. 1 sold 1,440 shares of wooderson co. common stock for cash at $6 per share. 1 sold 720 shares of gehring co. common stock for cash at $31 per share
