Exercise 17-15 Shamrock Company has the following securities in its portfolio on December 31, 2017. None of these investments are accounted for under the equity method. Fair Value $74,600 187,300 56,300 319,200 Cost 1,500 shares af Gardon, Inc., Common 5,000 shares of Wallace Corp., Common 400 shares of Martin, Inc., Preferred $79,400 192,400 54,700 $326,500 All of the securities were purchased in 2017 Irn 2019, Shamrack campleted the following securities trarisactions. March 1 Sold the 1,500 shares of Gordon, Inc., Common, $45 less fees of $1,200 April Bought 700 shares of Earnhart Corp., Common, $75 plus fees of $1,300 Shamrock's portfelio of equity securities appeared as follows on December 31, 2018. Fair Value $192,400 187,300 50,500 52,500 $300,900 $20,300 Cost 5,000 shares of Wallace Corp., Common 700 shares of Earnhart Corp., Common 400 shares of Martin, Inc., Preferred 53,800 54,700 Prepare the general journal entries for Shamrock Company for: (a) The 2017 adjusting entry (b) The sale of the Gordon stock. (c) The purchase of the Earnhart stock (d) The 2018 adjusting entry for the trading portfolio. (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 for the amounts.)