Provide the necessary jounal entries to record all of Topsails investment activities during 20X2 in chronological order.

Topsail, Inc. had the following securities in its Fair value investment porttitor the 201 Stock Shares Cont. Share Exit Yahan I Share Alpha Corporation 200 $30.00 12800 Dividends were paid as follows in 20X2: Alpha Corporation: $1.00 per share on May 1 and November 1 The following shares were sold during 20x2: 50 shares of Alpha Corporation on June 1 for $26.00 per share. Fair values as December 31, 20x2 were as follows: Alpha Corporation: $31.00 per share