Chin Inc. made the following investment purchases during 2020. This was the first year that Chin invested in equity securities. On February 28, purchased 10,000 shares of A Corp common shares at $3.50 per share plus commission of $700. On May 2, purchased 3,000 shares of B Corp's common shares at $5.00 per share plus commission of $300. On July 31, Chin sold 1,000 of B Corp's common shares at a market price of $5.50 per share less brokerage commissions of $110. The year-end fair values per share were as follows: A Corp B Corp $5.00 $4.50 Chin accounts for its investments using the FV-Nl model and follows IFRS. Chin has a December 31 year end. Instructions: a. Prepare the journal entries to record the purchase of the two investments. b. Prepare the journal entry(ies) to record the sale of B Corp's shares on July 31. c. Prepare the adjusting entries needed on December 31, 2020. d. Repeat parts (a) to (c), assuming the investments are accounted for using FV- OCI with no recycling. Chin's policy is to capitalize transaction costs on the acquisition of FV-OCI investments