(d) At 2 January 2019, Jasmine Berhad purchases 200,000 ordinary shares of Rosemary Berhad at a price of RM10 per share inclusive of transaction cost. The investment is designated as an equity investment on other comprehensive income and remains as a fair value reserve. The financial year end of Jasmine Berhad is 31 December. At 31 March 2019, the end of quarter 1, the closing price of Rosemary's ordinary shares is RM12.00. On 1 April, 2019, the beginning of quarter 2, to protect its investment value in Rosemary Berhad, Jasmine Berhad purchased 200,000 put options that give it the right to sell Jasmine's shares at RM12.00 per share within 6 months. The price paid for the stock options is RM0.94 per option. The hedged risk in this case is the market risk of the Rosemary's shares. On 30 June 2019, the end of the quarter 2, Rosemary's shares are quoted at RM10.40 while the put options are quoted at RM1.70. At the end of quarter 3, Rosemary's ordinary shares are quoted at RM13.60 while the put options expire at nil value. Required: Show the journal entries for the first three quarters of 2019 given that the hedging is highly effective. (6 marks)