33 First National Bank buys and sells securities. The company's fiscal year ends on December 31. The following selected transactions relating to First National's trading account occurred during the year. December 20 Purchase 110,000 shares in classe Computers common stock for $341,000 (63.10 per shaze). December 28 Receives cash dividends of $4,100 from the classic Computer sharon. December 31 The fair value of Classic Computers' stock is $2.90 per whare. Required: 1. Record each of these transactions, including an adjustment on December 31 for the investment's fair value, if appropriate. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 800124 View transaction list