Culver Corporation made the following purchases of investments during $2023,$ the first year in which Culver invested in equity

securities:

$1.$ On January $15,$ it purchased $11,790$ shares of Nirmala Corp's common shares at $$43\mathrm{.}90$ per share plus commission of $$2,595.$

On April $1,$ it purchased $6,550$ shares of Oxana Corp's common shares at $$68$ per share plus commission of $$4,415.$

$3.$ On September $10,$ it purchased $9,170$ shares of WTA Corp's preferred shares at $$35\mathrm{.}30$ per share plus commission of $$3,812.$

On May $20,2023,$ Culver sold $3,930$ of the Nirmala common shares at a market price of $$46$ per share less brokerage commissions of

$$3,734.$ The year$-$end fair values per share were as follows: Nirmala $$39,$ Oxana $$72,$ and WTA $$37.$ The chief accountant of Culver

tells you that Culver holds these investments with the intention of selling them to earn short$-$term profits from appreciation in their

prices and accounts for them using the FV$-$NI model.

Culver follows IFRS.$($a$)$

Prepare the journal entries to record the three investments. $($Credit account titles are automatically indented when the amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $O$ for the amounts. Record entries

in the order displayed in the problem statement. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credil