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Fox company made the folowing transactions in the common stock of NOP Company. July 10, 2013 Purchased 10,000 hsares at $45 share Sept 29, 2014

Fox company made the folowing transactions in the common stock of NOP Company.

July 10, 2013 Purchased 10,000 hsares at $45 share

Sept 29, 2014 Sold 2,000 shares for $51 share

Aug 17, 2015 Sold 2,500 shares for $33 share

The end of year market prices for the shares were as follows:

Dec 31, 2013 $47 share

Dec 31, 2014 $39 share

Dec 31, 2015 $31 share

Instructions: Prepare the necessary entries for 2013, 2014 and 2015, assuming that NOP stock is classified as a trading security.

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