Cost Forbes Company has the following trading securities in its investment account as at December 31, 2018: Fair Value 5,000 ordinary shares of Thomson Co. $155,000 $139,000 10,000 ordinary shares of Kroger 182,000 190,000 $337,000 $329.000 All investment securities had been purchased in 2018. During 2019, Forbes completed the following transactions: March 1 Sold 25% of all 5,000 ordinary shares of Thomson Co. for cash of $37,500, net of the brokerage fees and commission payment of $850. Bought 600 ordinary shares of Wales Store @ $45 each share. Relevant brokerage fees and commission paid for the acquisition was April 1 $550. As at December 31, 2019, the market prices of the following companies are listed as below: Thomson Co.: $25 per share Kroger: $23.5 per share Wales Store: $42.5 per share Required Prepare the journal entries for Forbes Company for recording: (a) the 2018 adjusting entry. (3 marks) (b) the sale of the Thomson Co. shares. (6 marks) (c) the purchase of the Wales Store' shares. (3 marks) (d) the 2019 adjusting entry. (10 marks) (e) Assume the above securities are classified as "available for sale, prepare the 2019 adjusting entry. (4 marks)