Current Attempt in Progress Sweet Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Cost Fair Value Horton, Inc. common (5,450 shares) $245,250 $230,620 Monty, Inc. preferred (3.360 shares) 124,320 130,750 Oakwood Corp.common (930 shares) 162,750 161,760 On October 10, 2020, the Horton shares were sold at a price of $52 per share. In addition, 3,250 shares of Patriot common stock were acquired at $53 per share on November 2, 2020. The December 31, 2020, fair values were Monty $96,620, Patriot $143,530, and Oakwood $175,230. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2020. (Credit account titles are automatically indented when 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.) Date Account Titles and Explanation Oct 10, 2020 Cash Equity Investments Gain on Sale of Investments Nov. 2.2020 Equity Investments Debit Credit 283400 172250 245250 38150