7 of 29 View Policies -/12 !!! Current Attempt in Progress Whispering Winds Corporation made the following purchases of investments during 2020, the first year in which Whispering Winds invested in equity securities: 1. On January 15, purchased 10,530 shares of Nirmala Corp.'s common shares at $39.20 per share plus commission of $2,316. 2. 3. On April 1, purchased 5,850 shares of Oxana Corp.'s common shares at $61 per share plus commission of $3,943. On September 10, purchased 8,190 shares of WTA Corp.'s preferred shares at $31.00 per share plus commission of $3,405. On May 20, 2020, Whispering Winds sold 3,510 of the Nirmala common shares at a market price of $41 per share less brokerage commissions of $3,335. The year-end fair values per share were as follows: Nirmala $35, Oxana $64, and WTA $33. The chief accountant of Whispering Winds tells you that Whispering Winds Corporation holds these investments with the intention of selling them in order to earn short-term profits from appreciation in their prices and accounts for them using the FV-NI model. Assume that Whispering Winds Corporation follows IFRS 9. (a) Prepare the journal entries to record the three investments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Jan. 15 Apr. 1 Sep. 10 Debit Credit