Every licensee operating as a dealer who purchases any farm product from the producer of the farm product or from any licensee for the purpose of resale, shall promptly make and keep a correct record which shows in detail all of the following:

1. (a) The name and address of the producer or licensee.
2. (b) The date received.
3. (c) The price to be paid.
4. (d) An itemized statement of any charges paid by the dealer for the account of the seller.