Coronado Company has the following portfolio of investment securities at September 30, 2017, its last reporting date.

Trading Securities		Cost		Fair Value
Horton, Inc. common (5,180 shares)		$217,560		$204,010
Monty, Inc. preferred (3,200 shares)		115,200		121,760
Oakwood Corp. common (930 shares)		171,120		170,150

On October 10, 2017, the Horton shares were sold at a price of $51 per share. In addition, 3,150 shares of Patriot common stock were acquired at $53 per share on November 2, 2017. The December 31, 2017, fair values were Monty $87,420, Patriot $136,340, and the Oakwood $183,240. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2017.