Amalgamated General Corporation is a consulting firm that also offers financial services through its credit division. From time to time the company buys and sells securities$.$ The following selected transactions relate to Amalgamated's investment activities during the last quarter of $2024$ and the first month of $2025.$ The only securities held by Amalgamated at October $1,2024$ were $$30$ million of $10\%$ bonds of Kansas Abstractors, Incorporated purchased on May $1,2024$ at face value and held in Amalgamated's trading securities portfolio. The company's fiscal year ends on December $31.$

October $18,2024$ Purchased $2$ million shares of Millwork Ventures Company common stock for $$58$ mill$$n$.$ Millwork has a total of $30$ million shares issued.

October $31,2024$ Received semiannual interest of $$1\mathrm{.}5$ milion from the Kansas Abstractors bonds.

November $1,2024$ Purchased $10\%$ bonds of Holistic Entertainment Enterprises at their $$18$ million face value, to be held until they mature in $2034.$ Semiannual interest is payable April $30$ and October $31.$

November $1,2024$ Sold the Kansas Abstractors bonds for $$28$ million because rising interest rates are expected to cause their fair value to continue to fall. No unrealized gains and losses had been recorded on these bonds previously.

December $1,2024$ Purchased $12\%$ bonds of Household Plastics corporation at their $$60$ million face value, to be held until they mature in $2034.$ Semiannual interest is payable May $31$ and November $30.$

December $20,2024$ Purchased U$.$ S$.$ Treasury bonds for $$5\mathrm{.}6$ million as trading securities$,$ hoping to earn profits on short$-$term differences in prices.

December $21,2024$ Purchased $4$ million shares of NXS Corporation's $50$ million shares of common stock for $$44$ million, planning to hold these shares until market conditions encourage their sale.

December $23,2024$ Sold the Treasury bonds for $$5\mathrm{.}7$ million.

December $29,2024$ Received cash dividends of $$3$ million from the Millwork Ventures Company shares of common stock.

December $31,2024$ Recorded any necessary adjusting entries relating to the investments. The market price of the Millwork Ventures Company common stock was $$27\mathrm{.}50$ per share and $$11\mathrm{.}50$ per share for the NXs Corporation common stock. The fair values of the bond investments were $$58\mathrm{.}7$ million for Household Plastics corporation and $$16\mathrm{.}7$ million for Holistic Entertainment Enterprises.

January $7,2025$ sold the NXS Corporation

common stock shares for $$43\mathrm{.}3$ million.