Brief Exercise 12-5 On August 1, 2018, Hiroole Ltd. purchased 1,000 Datawave Inc. common shares for $46,700 cash with the intention of trading the shares and using the fair value through profit or loss model. Datawave declared a dividend of $1 per common share, which Hiroole received on December 28, 2018. On December 31, 2018, Hiroole's year end, the shares' fair value was $51,000. Assume that the shares were sold on February 1, 2019. Record the sale under two different assumptions: (a) the shares sold for $49,000, and (b) the shares sold for $46,200. (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 account titles and enter O for the amounts.) No. Date Account Titles and Explanation Credit (a) Feb. 1 b)Feb. 1