On December 31, 2023, MOON Corp. has the following securities in its portfolio of temporary investments: 5,000 common shares of WONG Corp. $80,000(cost) $69,500(market);10,000 common shares of STEEL Ltd. 91,000(cost) 92,500(market);Total:$171,000(cost) $162,000(market).All of the securities had been purchased in 2023.

In 2024, MOON completed the following securities transaction: On April 1 Bought 300 common shares of MINT Corp. @ $50 each, plus fees of $550.On December 31, 2024, MOONs portfolio of trading equity securities appeared as follows:5,000 common shares of WONG Corp. $80,000(cost) $78,000(market),10,000 common shares of STEEL Ltd. 91,000(cost) 99,250(market), 300 common shares of MINT Corp. 15,000(cost)12,750(market); Total:186,000(cost)$190,000(market).

Assuming MOON uses the FVNI model, prepare the general journal entries for:1. The 2023 year-end adjusting entry,2. The purchase of the MINT Corp. shares,3. The 2024 year-end adjusting entry.