Hampton Developments Ltd. (Hampton) had the following transactions pertaining to its investments which are accounted for under fair value through profit & loss. This is the first year Hampton has ever purchased investments.

2019	Transaction Details
Jan. 1	Purchased 1,000 shares of Chapman Foods Ltd. (Chapman)for $50,000 cash, plus brokerage fees of $550. Purchased 5,000 shares of Sinclair Manufacturing Ltd (Sinclair) for $75,000.
June 1	Received cash dividends of $3 per share on the Chapman shares.
Sept. 15	Sold 500 Chapman shares for $25,900 less brokerage fees of $100.
Dec. 31	The fair value of the shares of Chapman was $35 per share. The fair value of the shares of Sinclair was $12 per share.
2020
Feb 14	Sold 1,250 shares of Sinclair for net proceeds of $35,000. The selling commission rate on the shares was 1.75%.
Dec. 31	The fair value of the shares of Chapman was $27 per share. The fair value of the shares of Sinclair was $23 per share.

Required: Prepare all the journal entries required for the above noted transactions for 2019 & 2020

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