Pronghorn Corporation, a Canadian-based international company that follows IFRS, has the following securities in its portfolio of investments acquired for trading purposes and accounted for using the FV-NI method on December 31, 2019:

Investments		Carrying Amount (before adjustment)				Fair Value
1,300 shares of David Jones Inc., common			$72,500			$67,900
4,900 shares of Hearn Corp., common			166,600			161,800
450 shares of Alessandro Inc., preferred			76,500			79,000
			$315,600			$308,700

In 2020, Pronghorn completed the following securities transactions:

Mar. 1		Sold the 1,300 shares of David Jones Inc. common at $48 per share, less fees of $600.
Apr. 1		Bought 900 shares of Oberto Ltd. common at $71 per share, plus fees of $1,100.

Pronghorn Corporations portfolio of trading securities appeared as follows on December 31, 2020:

Investments		Original Cost			Fair Value
4,900 shares of Hearn Corp., common		$166,600			$161,800
900 shares of Oberto Ltd., common		63,900			61,600
450 shares of Alessandro Inc., preferred		76,500			74,600
		$307,000			$298,000

Assume that the company does not recognize and report dividends and other components of investment gains and losses separately.

Prepare the Pronghorn Corporation general journal entry to record the adjusting entry for December 31, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 2.Prepare the Pronghorn Corporation general journal entry to record the sale of the David Jones Inc. shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 3.Prepare the Pronghorn Corporation general journal entry to record the purchase of the Oberto Ltd. shares. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 4.Prepare the Pronghorn Corporation general journal entry to record the adjusting entry for December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)