Apr 15 Problem 4 The Adam Corporation had the following transactions during the year: Jan. 15 Purchased 1.500 shares of LMN stock at $10 per share. Feb 15 Purchased 3,000 shares of KJL stock at $20 per share. Mar 15 Received dividends of $1 per share of LMN stock. Purchased $20,000 of XYZ bonds for $20,000. Interest of 9% is paid on April 15 and October 15. Aug 15 Sold 1,000 shares of KJL stock for $22,000. Sep 15 Received a $2 dividend per share for KJL stock. Oct 15 Received interest on XYZ bond. Oct 15 Sold the bonds for $21,000. Nov 15 Sold 500 shares of LMN stock for $5,000. Dec 31 On this day, LMN stock is selling for $19 per share and KJL stock is selling for $12 per share. Record reflect the fair market value of the stock. Instructions: a. Record the transactions for the year in general journal format. b. Show how the stock investment would appear on the balance sheet on December 31