First National Bank invests some of its cash in trading securities. The bank held no trading securities at the beginning of the 4th quarter. During the 4th quarter of 2018, the following transactions occurred in regard to these trading securities. Nov. 1 Purchased 200 shares of Morgan Company common stock at $86 per share. Nov. 9 Purchased 300 shares of Parker Company preferred stock at $63 per share. Nov. 20 Sold 100 shares of Morgan Company common stock at $89 per share. Dec. 20 Purchased 400 shares of Tathem Company common stock at $37 per share. Dec. 21 Sold 100 shares of Parker Company preferred stock at $62 per share. On December 31, 2018, the market values of the shares were: Morgan, $87 per share Parker, $61 per share Tathem, $37.25 per share Required 1) Prepare journal entries to record the preceding transactions. Show your work. Be sure to show your calculations for the quarter-end calculations to bring the trading securities to fair value