Diego company had the following transaction relating to investment of stock with significant influence during the year. Preparer the required general journal entries for share transaction:

May $4$ Diego purchased $600$ shares of XYZ Company stock fee for $72,750$

July $1$ Diego received a $2\mathrm{.}50$ per she cash dividend on the XYZ company stock.

Sept $15$ Sold $300$ shares of cob company stock for $$37,050$ in cash

Dec. $31$ the fair value of the cob company stock $($the only investment that Diego owns$)$ is $$124$ per share. The balance of the Fair value adjustment $-$ Trading account had a zero balance prior to adjustment.