DANIELLE holds stock of the Antipolo Company as long-term investment. Her portfolio contains the following at the beginning of 2020: Shares Cost Market 2018 Batch 200 P20,000 P24,000 2019 Batch 300 39,600 36,000 Transactions for 2020 are as follows: Jan. 15 Purchased 400 additional shares from Antipolo at P140 per share (par value is P100). Brokers fees amounted to P1, 400. July 15 Received cash dividend of P2.50 per share from Antipolo. Nov. 15 Received 25% stock dividend from Antipolo. Dec. 15 Sold 250 shares of Antipolo at P100 per share. Brokers fees amounted to P2,000. 31 Antipolo shares are selling in the market at P105 per share. REQUIRED: 1. Prepare the correct entries for the 2020 transactions. Use FIFO to account for sales. Include year-end adjusting and closing entries(Dec. 31)