Company ABC bought stock H on 11/1/2007 at $43,000. The market prices of the investment in stock H on 12/31/2007 and /12/31/2008 were $50,000 and $45,000, respectively. Company ABC finally sold all its investment in stock H on 2/12/2009 for $40,000. Required: a. Suppose the investment is classified as trading securities. Please prepare journal entries on 11/1/2007, 12/31/2007, 12/31/2008, and 2/12/2009 b. Suppose the investment is classified as available for sale securities. Please prepare journal entries on 11/1/2007, 12/31/2007, 12/31/2008, and 2/12/2009. C. What are the amounts of the loss or gain associated with stock H that appear on company ABC's Income Statement for the year ending at 12/31/2008 for both case a and case b