In Year 1, the firm purchased a portfolio of marketable securities for $1,000, which it holds as current assets. This was the first investment the firm had made in marketable securities. At the end of Year 1, the portfolio had a market value of $800. During Year 2, the firm sold some of the securities for $120 which had originally cost $100, but which had a market value of $90 at the end of Year 1. At the end of Year 2, the remaining securities had a market value of $1,150. Required: (a) Assume the firm treats its holdings as available-for-sale. 1. Record the entry made at the end of Year 1. 2. Record the entries made during Year 2 and at the end of Year 2. Please use the following format for your answer. Date Account Debit Credit(b) Assume the firm treats its holdings as trading securities. 1. Record the entry made at the end of Year 1. 2. Record the entries made during Year 2 and at the end of Year 2. Please use the following format for your answer. Date Account Debit Credit