Journal entries and financial statement presentation of short-term securities available for sale. The following information summarizes data about Dostal Corporation's marketable securities held as current assets and as Securities Available for Sale.

31, Dec. 31, Security Acquired Cost Sold Price Year 1 Year 2 A 2/5/Year 1 $60,000 6/5/Year 2 $72,000 $66,000 —
B 8/12/Year 1 25,000 — - 20,000 $23,000 C 1/22/Year 2 82,000 - - - 79,000 D 2/25/Year 2 42,000 6/5/Year 2 39,000 - -
E 3/25/Year 2 75,000 — — — 80,000

a. Give all journal entries relating to these marketable equity securities during Year 1 and Year 2. assuming that the accounting period is the calendar year.

b. Provide a suitable presentation of marketable securities in the balance sheet and related notes on December 3 1 . Year I .

e. Provide a suitable presentation of marketable securities in the balance sheet and related notes on December 31. Year 2.