During 2018, Macaron Financial Corporation had the following held for trading investment transactions: Feb. 1 Purchased 600 CBF common shares for $36,600. Mar. 1 Purchased 800 RSD common shares for $24,800. Apr. 1 Purchased 7% MRT bonds at face value, for $66,000. Interest is received semi-annually on April 1 and October 1. July 1 Received a cash dividend of $3 per share on the CBF common shares. Aug. 1 Sold 190 CBF common shares at $59 per share. Sept. 1 Received a cash dividend of $1.40 per share on the RSD common shares. Oct. 1 Received the semi-annual interest on the MRT bonds. 1 Sold the MRT bonds for $68,200. Dec. 31 The market prices of the CBF and RSD common shares were $56 and $33 per share, respectively. (a) Your answer is correct. Record the above transactions, including any required adjusting entries, using the fair value through profit or loss model. (Cre! is entered. Do not indent manually. Record entries in the order presented in the question. Round answers to 0 dec Entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation Feb. 1 . Held for Trading Investments 36,600|| TCash T 36,600 Mar. 1 a Held for Trading Investments Cash T 24,800 I I 24,800 Apr. 1 Held for Trading Investments 66,000 Cash IL 66,000 Cash 1,800 | Dividend Revenue 1,800 Aug. 1 Cash 11,210) Realized Loss on Held for Trading Investments Held for Trading Investments 11,590 T Sept. 1 Cash 1,120 I Dividend Revenue Dividend Revenue - Cash T Oct. 1 DE 2.310 | Interest Revenue 2,310 (To record interest on the MRT bonds.) Tcash 0 | Held for Trading Investments 66,000 Realized Gain on Held for Trading Investments (To record sale of MRT bonds.) 2,200 T Dec. 31 Unrealized Loss on Held for Trading Investments Held for Trading Investments 450 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT (b) Your answer is correct. Show how the investments would be presented on the statement of financial position at December 31, 2018. MACARON FINANCIAL CORPORATION Statement of Financial Position (Partial) December 31, 2018 T Current Assets Held for Trading Investments IT 49,360 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT (c) Determine the balance in each of the income statement accounts that are affected in the transactions above and indicate how December 31, 2018. (Round answers to o decimal places, e.g. 5,250. Enter loss using either a negative sign precedi MACARON FINANCIAL CORPORATION Income Statement (Partial) For the Year Ended December 31, 2018