Option #2: Investments in Equity Securities Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Chaz Corporation describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written, formatted per CSU-Global Guide to Writing and APA and have proper citations, where applicable. Chaz Corporation prepares quarterly financial statements and invests its excess funds in marketable securities. At the end of 2018, Chaz's portfolio of trading investments consisted of the following equity securities: Security Number of Shares Cost per Share Fair Value per Share Benford Company 600 $66 $66 Gold Inc. 960 43 44 Demi Company 480 70 72 During the first half of 2019, Chaz engaged in the following investment transactions: Jan. 6 Sold one-half of the Gold shares for $45 per share. Feb. 3 Purchased 700 shares of Jackson Corporation common stock for $45 per share. Mar. 31 Dividends of $2,500 were received on the investments, and the following information is available on market prices. Security Fair Value per Share Benford Company $65 Gold Inc. 45 Demi Company 70 Jackson Corporation 43 Apr. 14 Purchased 360 shares of Jordan Company preferred stock for $52 per share. May 11 Sold the remainder of the Gold shares for $42 per share. June 30 Dividends of $2,800 were received on investments, and the following information is available: Security Fair Value per Share Benford Company $68 Demi Company 69 Jackson Corporation 46 Jordan Company 50 Record Chaz's investment transactions for January 6 through June 30, 2019. Show the items of income or loss from investment transactions that Chaz reports for each of the first and second quarters of 2019. Show how the preceding items are reported on the first and second quarter 2019 ending balance sheets, assuming that management expects to dispose of the Benford and Gold securities within the next year.