Blouin Company had the following transactions and adjustment related to a stock investment that is a trading security.

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2015 Nov. 15 Purchased 10,000 shares of Lane, Inc.'s common stock at $17 per share plus a broker- age commission of $1,200. Blouin expects to sell the stock in the near future. Dec. 22 2016 Received a cash dividend of $1.00 per share of common stock from Lane. 31 Made the adjusting entry to reflect year-end fair value of the stock investment in Lane. The year-end fair value of the Lane common stock is $15.50 per share. Jan. 20 Sold all 10,000 shares of the Lane common stock for $150,000. a. Prepare journal entries to record these transactions. b. Post the journal entries from a to their respective T-accounts. C. Record each of the transactions in the financial statement effects template.