A corporation had the following transactions involving stock investments with insignificant influence during the year. Prior to these transactions, this corporation had never had any investments. February $16$ Purchased $860$ shares of HM Corporation stock at $$25$ per share. February $26$ Purchased $560$ shares of Tugg Company stock at $$17$ per share. March $2$ Received a $$0\mathrm{.}60$ per share dividend from the HM Corporation. March $28$ Sold $240$ shares of HM Corporation stock for $$18$ per share. April $20$ Sold $190$ shares of Tugg Company stock at $$18$ per share. December $31$ HM stock has a fair value of $$26$ per share, and Tugg stock has a fair value of $$17$ per share. Prepare a journal entry to record these transactions. Also prepare an ajusting entry to record the year end fair value adjustment for portfolio of short term stock investments