PLEASE help with journal entries for year $2$ also thank you. $5$M Corporation completed the following transactions, in the order given, relative to the portfolio of stocks held as equity investments measured at FV$-$NI$.$

Year $1$

Purchased $330$ shares of Starbux Corporation common stock $($par value $$1)$ at $$50$ per share plus a brokerage commission of $4\%$ and transfer costs of $$110$ on August $1,$ Year $1.$

Purchased $660$ shares of Kolgate Corporation Class A common stock $($par value $$0\mathrm{.}50)$ at $$35$ per share plus transfer costs of $$165$ on September $15,$ Year $1.$

Year $2$

Purchased $605$ shares of Starbux Corporation common stock at $$55$ per share plus a brokerage commission of $4\%$ and transfer costs of $$132$ on February $1,$ Year $2.$

Received declared cash dividends of $$2\mathrm{.}00$ per share on the Kolgate Corporation Class A common stock on June $30,$ Year $2.$

Sold $165$ shares of Starbux Corporation common stock at $$58$ per share on August $15,$ Year $2.$

Starbux, common stock

$$48$

$38$

$$60$

$50$

Journal Entries for Year $1$

Journal Entries for Year $2$

a$.$ Provide entries for $5M$ Corporation for the purchases of equity securities in Year $1.$

b$.$ Provide entries for $5M$ Corporation to adjust securities to fair value on December $31,$ Year $1.$