On 1 November 20X8, Porter Company acquired the following FVTPL investments Minto Corp. -3,400 common shares at $15 cash per share Pugwash Corp.-700 preferred shares at $25 cash per share The annual reporting period ends 31 December. Quoted fair values on 31 December 20X8 were as follows: Minto Corporation common, $13 Pugwash Corporation preferred, $27 . The following information relates to 20x9: 2 March 1 October Received cash dividends per share as follows: Minto Corporation, $2.30; and Pugwash Corporation, $1.4e. Sold 190 shares of Pugwash Corporation preferred at $29 per share. Fair values were as follows: Minto common, $21, and Pugwash preferred, $26. 31 December Required: 1. Prepare the entry for Porter Company to record the purchase of the securities. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet