AP13-4A (FV-NI and FV-OCI methods) Bombay Ltd. had the following transactions: 2020 Mar. 15 Apr. 1 Bombay acquired 700 shares of Stipple Ltd. at a cost of $75 per share plus fees of $1,250. Stipple Ltd. declared and paid dividends of $1.20 per share. Bombay prepared its financial statements for the first quarter. The Stipple shares were trading at $80 per share at this date. Bombay sold all of its Stipple shares at $60 per share, less fees of $1,000. June 30 July 22 Required: a. Prepare all necessary journal entries related to the above transactions assuming that the shares were held for trading and classified as fair value through net income. b. Prepare all necessary journal entries related to the above transactions assuming that the investment was classified as fair value through other comprehensive income