Help PDFelement mternet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Tell me what you want to do Enable Editing Question 2 (15 points, 20 min) Wilson corporation buys the following investments on January 10, 2019: 1. 1,000 shares in Foxcom, total cost $15,000 2. 500 shares in Lamb computer, total cost $6,000 On April 10 2019 Wilson corporation sold 200 Foxcom shares for $2,800 total and 100 Lamb Computer shares for $1,300 total. Instructions 1. Prepare the journal entry to record the purchase of Foxcom shares 2. Prepare the journal entry to record the purchase of Lamb Computer shares 3. Prepare the journal entries for the sale of the Foxcom shares and the sale of the Lamb Computer shares 3. Indicate the amount that the remaining shares should be recorded in the balance sheet at December 31, 2019, assuming the following: a. There were no further transactions during the months of May to December 2019. b. The year-end (December 31, 2019) market value of Foxcom shares and Lamb Computer shares had remained the same since January 10, 2019. Question 3 (15 points, 20 min) alla telephone equipment.