Kristopher Company began operations in 2014. At 12/31/19, Kristopher had a debit balance of $12,000 in its Allowance for Adjustment to Market. At January 1, 2019, Kristopher owned the following securities, accounted for as available-for-sale: MJO Common (25,000 shares) JKH Preferred (1,900 shares) EKH Common (7,500 shares) Cost $525,000 200,000 82,000 During 2019, the following events occurred: 4/3/19 9/6/19 Sold 4,000 shares of MJO for $86,000. Acquired 1,500 shares of WVO Common for $28 per share. At 12/31/19, the fair values for Kristopher's securities were: MJO Common, $23 per share JKH Preferred, $104 per share EKH Common, $14 per share WVO Common, $30 per share Required: a. Prepare any journal entries required in 2019 to record the securities activity, including any required adjusting entries at 12/31/19. Show any calculations. b. Show the financial statement presentation for all securities activity during 2019