a. On May 31st, 2020, Ford company purchased a long-term investment related to Motro Company for $12 million as trading securities, of 8% quoted bonds. On the same date the business acquired $15 million of Cora Company shares as available-for sale security and purchased Treasury bonds for $3 million, from Samsuc Company hoping to generate profit in short period of time. b. On November 15th, 2020, Ford company sold the Samsuc Treasury bonds for $4 million. c. On December 31st, 2020, record the necessary adjusting entry(s) and closing entries related to the investments. The market prices of the investments are: Motro Company $11.5 million Cora Company $16 million Samsuc Company $5 million Required: a. Record the necessary adjusting entries. (1 mark) b. Indicate any amounts that Ford would report in its 2020 statement of financial position and income statement as result of these investments. (1 mark)