On September 10, 2020, Sage Corporation, a publicly traded company, purchased 15,700 common shares in Dunlop Ltd at a cost of $7 per share. The number of shares purchased was not a significant percentage of Dunlop's ownership, and Sage designated the investment as fair value through other comprehensive income (FV-OCI) under IFRS. Concerned about the inherent risk of losing value through the change in market price of the shares, Sage immediately purchased an option to sell the Dunlop shares for $109,900. The option cost $9,300. On September 30, 2020, Sage prepared its quarterly financial statements. On that day, the Dunlop shares were trading at $9 per share. The options, on the other hand, were trading at $6,180. Is this a fair-value hedge or a cash flow hedge from Sage's perspective? This a from Sage's perspective Prepare the necessary journal entries to record the above events. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit (To record purchase of shares.) (To record purchase of hedge option.) (To record fair value adjustment of shares.) (To record fair value adjustment of options.) (To record the "fix" under hedge accounting.)