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A,B&C pls E17.14 ( LO2) (Equity Investment Entries) Capriati Corpor: made the following cash investments during 2022, which is the year in which Capriati invested

A,B&C pls
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E17.14 ( LO2) (Equity Investment Entries) Capriati Corpor: made the following cash investments during 2022, which is the year in which Capriati invested in securities. 1. On January 15 , purchased 9,000 ordinary shares of Gonzalez Company at $33.50 per share plus a commission of $1,980. 2. On April 1, purchased 5,000 ordinary shares of Belmont Co. at $52.00 per share plus a commission of $3,370. 3. On September 10, purchased 7,000 preference shares of Thep Co. at $26.50 per share plus a commission of $4,910. On May 20, 2022, Capriati sold 3,000 shares of Gonzalez Company at a market price of $35 per share less brokerage commissions, taxes, and fees of $2,850. The year-end fair values per share were Gonzalez $30, Belmont $55, and Thep $28. In addition, the chief accountant of Capriati told you that Capriati Corporation plans to actively trade these investments. Instructions a. Prepare the journal entries to record the above three investment purchases. b. Prepare the journal entry for the investment sale on May 20. c. Compute the unrealized gains or losses and prepare the adjusting entries for Capriati on December 31, 2022

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