Marcoola Ltd is a public company listed on the Australian Securities Exchange (ASX). It complies with the requirements of AASB 9 'Financial Instruments', AASB 132 'Financial Instruments: Disclosure and Presentation and AASB 7 'Financial Instruments: Disclosures'. Data relating to Marcoola Ltd's financial instruments have been extracted from its financial statements and are provided below. Answer both PART A and PART B below. PARTA On 1 February 2021, Marcoola Ltd purchased 2,000 options in Mudjimba Ltd at a price of $3.20 each. The options give Marcoola Ltd the right to acquire shares in Mudjimba Ltd at any time within the next two years at an exercise price of $11.00 each. The options are traded on the ASX and at 31 May 2021 the value of the options has decreased to $3.10 per option. Marcoola Ltd acquired the options for speculative purposes. Marcoola Ltd has a 31 May reporting date. REQUIRED: Record these events and transactions in the books Marcoola Ltd. Show ALL working and ANY necessary explanations to support your answer. PART B: On 1 April 2021, Marcoola Ltd sold 12 All Ordinaries Share Price Index (SPI) futures contracts for speculative purposes. Marcoola Ltd paid an initial cash deposit of $75,000. The futures broker allowed a $1,800 decrease in value of the SPI futures contracts before making margin calls. Marcoola Ltd has a 31 May reporting date. On 1 June 2021, the SPI futures contracts were closed out. The following market price data are available. 2021: 1 April 31 May 1 June Market value of shares $435,000 $439,680 $417,000 2021 SPL futures price 1,322 1,330 1,265 Market price $396,600 $399,000 $379,500 (SPI futures price x 12 x $25) REQUIRED: Record these events and transactions in the books of Marcoola Ltd. (Show all working and provide any explanations necessary to support your answer). Show ALL working and ANY necessary explanations to support your