Korman Company has the following securities in its portfolio of trading securities on December 31, 2014: Cost Fair Value 5,000 shares of Thomas Corp., Common $151,000 $139,000 10,000 shares of Gant, Common 182,000 190,000 $333,000 $329,000 All of the securities had been purchased in 2014. In 2015, Korman completed the following securities transactions: March 1 Sold 5,000 shares of Thomas Corp., Common @ $31 less fees of $1,500. April 1 Bought 600 shares of Werth Stores, Common @ $45 plus fees of $550. The Korman Company portfolio of trading securities appeared as follows on December 31, 2015: Cost Fair Value 10,000 shares of Gant, Common $182,000 $195,500 600 shares of Werth Stores, Common 27,550 25,500 $209,550 $221,000 Instructions Prepare the general journal entries for Korman Company for:

(a) the 2014 adjusting entry.

(b) the sale of the Thomas Corp. stock.

(c) the purchase of the Werth Stores' stock.

(d) the 2015 adjusting entry.