Analyze and review the following items and determine the appropriate journal entry. Record the journal entry

b. FV-NI Investments At December 31, 2020; the fair value of the short-term investments were: Redemption Corp $12.63 per share ALM Corp $23.98 per share In the excel spreadsheet, see the tab "FV-NI Investments to perform any necessary calculations. 1 2 Purchase 3 Date Description 4 6/15/2020 15,000 shares of Redemption Corp @ $12.65 per share 5 12/05/2020 10,000 shares of ALM Corp @ $21.09 per share 6 7 8 9 COST 189,750.00 210,900.00 400,650.00 co 9