During the course of your examination of the financial statements of Doppler Corporation for the year ended December 31, 2015, you found a new account, "Investments." Your examination revealed that during 2015, Doppler began a program of investments, and all investment-related transactions were entered in this account. Your analysis of this account for 2015 follows:

Doppler Corporation Analysis of Investments For the Year Ended December 31, 2015
Date2015	Debit	Credit
(a)
Harmon Company Common Stock
Feb. 14	Purchased 3,600 shares @ $55 per share.	$198,000
July 26	Received 360 shares of Harmon Company common stock as a stock dividend. (Memorandum entry in general ledger.)
Sept 28	Sold the 360 shares of Harmon Company common stock received July 26 @ $60 per share.	$21,600
(b)
Taber Inc., Common Stock
Apr. 30	Purchased 20,300 shares @ $38 per share.	$771,400
Oct. 28	Received dividend of $1 per share.	$20,300

Additional information:

1.	The fair value for each security as of the 2015 date of each transaction follow:
Security	Feb. 14	Apr. 30	July 26	Sept. 28	Dec. 31
Harmon Company	$55	$62	$60	$64
Taber Inc.	$38	31
Doppler Corp.	25	28	30	31	35
2.	All of the investments of Doppler are nominal in respect to percentage of ownership (5% or less).
3.	Each investment is considered by Doppler's management to be available-for-sale.

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Prepare any necessary correcting journal entries related to investments in Harmon Company. (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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
Correct entry:
Entry made:
Correction:

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	Your answer is partially correct. Try again.

Prepare any necessary correcting journal entries related to investments in Taber Inc.,. (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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
Correct entry:
Entry made:
Correction:

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	Your answer is incorrect. Try again.

Prepare the entry, if necessary, to record the proper valuation of the available-for-sale equity security portfolio as of December 31, 2015. (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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit