Carlsville Company began operations in the current year and had no prior stock Investments. The following transactions are from its hort$-$term stock Investments with Insignificant Influence. Prepare journal entrles to record these transactions. On December $31,$ opare the adjusting entry to record the falr value adjustment for the portfolio of stock Investments.

July $22$ Purchased $1,300$ shares of Hunt corporation at $$28$ per share.

September $5$ Received a $$2$ cash dividend for each share of Hunt corporation.

eptember $27$ Purchased $3,500$ shares of HCA at $$20$ per share.

october $3$ sold $1,300$ shares of Hunt at $$23$ per share.

October $30$ Purchased $1,500$ shares of Black & Decker at $$53$ per share.

December $17$ Received a $$3$ cash dividend for each share of Black & Decker.

December $31$ Fair value of the short$-$term stock investments is $$153,000=$

Answer is complete but not entirely correct.

$\backslash$table$[[$No$,$Date,General Journal,Debit,Credit$],[1,$July $22,$Stock investments,$36,400,],[,,,36,400$