Kieso, Intermediate Accounting, 16e CALCILATOR PRINTER Shamrock Company has the following securities in its portfolio on December 31, 2017. None of these investments are accounted for under the equity method. 1.500 shares of Gordon, I, Common 5,000 shares of Wallace Corp., Commmon 400 shares of Martin, Inc., Preferred Cost Fair Value $70,400$65,600 183,600 178,100 65,30066,900 $319,300 $310,600 ll of the securities were purchased in 2017 in 2018, Shamrock completed the following securities transactions. March 1 April 1 Sold the 1,500 shares of Gordon, Inc., Common,o $45 less fees of $1,200. Bought 700 shares of Earnhart Corp., common, $75 plus fees of S 1,200. Shameock's portfolio of equity securities appeared as follows on December 31, 2018. 5,000 shares of Wallace Corp., Common 700 shares of Earnhat Corp., Cemmon 400 shares of Martin, Inc., Preferred $183,600 $178,100 53,800 50,200 3,300 65,300 $302,700 $291.0 Prepare the general Sourmal entries for Shamreck Company for (a) The 2017 adusting entry (b) The sale of the Gordon stock 8 9 alt alt