Pecember 31, 20Y2, Rios Co. is a regional insurance company that began operations on January 1 , Unrealized loss on 20Y2. The following selected transactions relate to investments acquired by Rios Co., which trading investments, has a fiscal year ending on December 31 : $6,000 20Y2 Feb. 1. Purchased 7,500 shares of Caldwell Inc. common stock at $50 per share plus a brokerage commission of $75. Caldwell has 100,000 shares of common stock outstanding. May 1. Purchased securities of Holland Inc. as a trading investment for $126,000. July 1. Sold 4,500 shares of Caldwell inc. for $46 per share less a $110 brokerage commission. 31. Received an annual dividend of $0.50 per share on 3,000 shares of Caldwell Inc. stock. Nov. 15. Sold the remaining shares of Caldwell Inc. for $51 per share less a $90 brokerage commission. Dec. 31. The trading securities of Holland Inc. Lave a fair value on December 31 of $120,000. 20Y3 Apr. 1. Purchased securities of Fuller Inc. as a trading investment for $125,000. Oct. 14. Sold securities of Fuller Inc. that cost $25,000 for $30,000. Dec. 31. The fair values of the Holland Inc, and Fuller Inc. securities are as follows: Instructions 1. Journalize the entries to record the preceding transactions, including any December 31 adjusting entries. 2. Prepare the Trading Investments section of the December 31,20Y3, balance sheet for Rios Co. 3. How are unrealized gains or losses on trading investments presented on the financial statements of Rios Co