During the year ended December 31, 2019, and in the following months of January and February 2020, Company Mhad the following transactions pertaining to it held for trading investments: Apr. 1 Purchased 2,000 Start Corporation $5, preferred shares for $206,000 cash. July 1 Received quarterly cash dividend. 2 Sold 500 Starr shares for $57,500 cash. Oct. 1 Received quarterly cash dividend. Nov. 22 Starr declared the quarterly dividend on November 22, to preferred shareholders of record on December 15, payable on January 1. Dec. 31 Starr's shares were trading at $116 per share. Due to an urgent nee for cash, 700 Starr Corporation shares were sold despite a drop in the share price Jan. 31 to $92 per share Feb. 15 Marshall sold an additional 500 Start shares after the market recovered to $118 per share. Instructions a) Record the above transactions, using the fair value through profit or loss model. Prepare any required adjusting entries at December 31