Bellson Ltd. classifies investments in preferred and common shares as held for trading. During 2021, Bellson Ltd. had the following transactions: Jan 1 Purchased 200, $ 8 cumulative preferred shares of Xena Corp for $ 95 each. Apr 15 Purchased 5,000 shares of Canadian Tire on the TSX at $ 10 each. Jun 30 Received semi-annual dividends from Xena. Oct 15 Sold half of the Canadian Tire shares at $ 9.50 each. Dec 31 Received the balance of the Xena dividends for 2021. On December 31, Bellson's year end, the Xena Corp preferred shares are trading at $ 98 per share and the Canadian Tire shares are trading at $ 9.25 per share. Required: a) Record the transactions and prepare any adjusting entries required at December 31, 2021. b) Determine the amounts to be reported on Bellson's balance sheet and income statement at December 31, 2021 related to its investment in equity securities