Hulse Company had the following transactions pertaining to stock investments: Feb 1 Purchased 600 shares of Wade common stock for $6,600 cash plus brokerage fees of $600. (Hint: what is the total cost of the shares and what is the PER SHARE cost?) July 1 Received cash dividends of $1 per share on the Wade common stock. Sep 1 Sold 200 shares of Wade common stock for $2,950 less brokers fees of $100. Dec 1 Received cash dividends of $1 per share on the Wade common stock. Dec 31 The fair market value of the Wade shares is $14 per share. Instructions (a) Journalize the transactions assuming the investment in the Wade stock was purchased as trading securities. (b) Indicate the financial statement presentation of the investment related accounts at the end of the year. (c) If the investment in the Wade stock had been purchased as available for sale securities, indicate the financial statement presentation of the investment related accounts at the end of the year.