Question 5: Bellami Corporation had the following transactions: Sept. 2 Oct. 12 22 Dec.30 Required: Purchased 1,250 Frater Corp. common shares for $98,000 with the intention of trading them. Received a dividend on the Frater shares of $0.80 per share. Sold half of the investment in Frater shares at $82 per share. Frater declared a dividend of $0.92 per share, payable next year. (a) Record the above transactions. (8 marks) (b) Prepare the adjusting entry for the valuation of the investment on December 31, Bellami's year end, assuming the remaining Frater shares are worth $85 each on December 31. (2 marks)