Ayayai Limited, a public company that follows IFRS and has a calendar year end, made the following purchases of investments in 2023. Ayayai intends to sell these investments to earn short-term profits from appreciation in their prices and accounts for the investments using the FV-NI model. This is the first year in which Ayayai invested in equity securities: 1. On March 20 , purchased 5,300 shares of Wu Inc, common shares at $30 per share plus commission of $450. 2. On August 15. purchased 3,600 shares of Xi Inc. common shares at $26 per share plus commission of $380. On June 30, Ayayai sold 3,180 shares of Wu Inc. at $32 less commission of $600. The December 31,2023 market value of the Wu shares was $33 and of the Xi shares was $25. (a) Prepare the journal entries for the two purchases of investments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Record entries Repeat part (c) assuming the investments are accounted for using FV-OCl without recycling. (Credit occount titles are automaticelly indented when the amount is entered Do not indent manually If no entry is required, select 'No Entry" for the occount tities and enter of for the amounts. (ist debit entry before credit entry)