Please assist with the following question:

d. Using the same transaction information as above and assuming the investments in marketable securities are classified as available-for-sale, (i) prepare journal entries to record the transactions, (ii) post the journal entries to their respective T-accounts, and (iii) record each of the transactions in the financial statement effects template.

(1) Purchased 6,000 common shares of Liu, Inc., for $12 cash per share. (2) Received a cash dividend of $1.10 per common share from Liu. (3) Year-end market price of Liu common stock is $11.25 per share. (4) Sold all 6,000 common shares of Liu for $66,900.

i. Prepare journal entries to record the four transactions.

Assessing Financial Statement Effects of Trading and Available-for-Sale Securities Four transactions involving investments in marketable securities classified as trading follow (1) Purchased 6,000 common shares of Liu, Inc., for $12 cash per share. (2) Received a cash dividend of $1.10 per common share from Liu (3) Year-end market price of Liu common stock is $11.25 per share. (4) Sold all 6,000 common shares of Liu for $66,900. a. Prepare journal entries to record the four transactions. General Journal Ref. Description Debit Credit Investment in Liu 72,000 0 Cash 72,000 Cash 6,600 Dividend income 6,600 3 Unrealized loss 4,500 Investment in Liu 4 Cash Loss on sale of investment Investment in Liu