On May 15th, ABC Co. purchased 60,000 shares of SWG, Inc.'s common stock for $5.50 per share, plus $800 in brokerage fees. The company is saving the funds for future expansion, but they'll sell the shares if the market price rises significantly. At the end of the year, the market value of the shares was $4.05 per share. Common stock has a $4 par value. What is the entry to record? What is the cash effect, and the balance sheet effect?