Carlsville Company, which began operations in 2015. Invests its idle cash in trading securities. The following transactions are from its short-term investments in trading securities Purchased 800 shares of Ford Motor Co. at $26 per share plus 20 $125 commission Purchased 2 200 shares of Lucent at $44.25 per share plus a $578 commission Purchased 750 shares of Z-Seven at $7.50 per share plus a $200 commission Fair value of the short-term investments in trading securities is DE $130,000 Sold 800 shares of Ford Motor Co. at $29 per share less a $285 commission Sold 750 shares of Z-Seven at $10.25 per share less a S102.50 commission Purchased 1.600 shares of Hunt Corp. at $30 per share plus a $444 commission Purchased 1 800 shares of Donna Karan at $18.25 per share plus a $290 commission, Fair value of the short-term investments in trading securities is $160,000 June 1 Purchased 3.400 shares of HCA at $34 per share plus a $420 commission Sold 1.600 shares of Hunt at $25 per share less a $250 commission Sold 2,200 shares of Lucent at $42 per share less a $420 commission. Purchased 1.200 shares of Black & Decker al $47.50 per share plus a $595 commission Sold 1,800 shares of Donna Karan at $18.25 per share less a $309 commission Fair value of the short-term investments in trading securities is $180,000 Required: 1. Prepare journal entries to record these short-term investment activities for the years shown On December 31 of each year prepare the adjusting entry to record any necessary fair value adjustment for the portfolio of trading securities. ( no entry is required select No journal entry required in the first entry field. Do not round your intermediate calculations.) Journal entry worksheet Purchase shares of Ford Motor Co. 126 per share plus a 5:25