please complete all required parts to the problem

A-1: Futures contract As of January 2022, Cox Corp. anticipates purchasing 100,000 pounds of copper in April 2022. On January 1, 2022. Cox enters into a copper futures contract. Terms of the contract were as follows: Contract size: 100.000 pounds of copper Delivery price: $2.30 per pound Expiration: April 1, 2022 Spot prices for copper (per pound) over the contract period were the following: Data Spot price January 1, 2022 $2.30 March 31, 2022 52.70 On April 1, 2022, Cox Corp purchased the needed 100,000 pounds of copper at the market price of $270 per pound. Cox also settled the futures contract on this date On May 15, 2022. Cox Corp. sold the finished products, Required: 1. Prepare the appropriate journal entry or entries related to transactions occurring in January 2022 through March 2022. (if no entry is required for a transaction/event, select "No journal entry required in the first account field) 2. Indicate any amounts that Cox Corp. would have included in its March 2022 quarterly balance sheet related to the futures contract 3. Propare the appropriate journal entry or entries related to transactions occurring in And 2022 through May 2022 of no entry is required for a transaction/event, select "No journal entry required" in the first account field) Complete this question by entering your answers in the tabs below. View previous atter Reg 1 Req 2 Req3 Prepare the appropriate journal entry or entries related to transactions occurring in January 2022 through March 2022. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet required in the first account field.) 2. Indicate any amounts that Cox Corp. would have included in its March 2022 quarterly balance sheet related to the futures contract. 3. Prepare the appropriate journal entry or entries related to transactions occurring in April 2022 through May 2022. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) Complete this question by entering your answers in the tabs below. Reg 3 Req 1 Req 2 Indicate any amounts that Cox Corp. would have included in its March 2022 quarterly balance sheet related to the futures contract. Balance Sheet (partial) Current assets Futures contract Equity Accumulated OCI 2.no Jded in its March 2022 quarterly balance sheet related to the futures Contact 3. Prepare the appropriate journal entry or entries related to transactions occurring in April 2022 through May 2022. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req3 Prepare the appropriate journal entry or entries related to transactions occurring in April 2022 through May 2022. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field) View transaction fist 1 April 1, 2022: Record settlement of the futures contract (assume cash settlement). 2. April 1, 2022: Record the purchase of copper inventory 1 May 15, 2022: Record the cost of inventory sold. 4 May 15, 2022. Record any reclassification entry needed in relation to the futures contract Credit