QUESTION 5 The following securities are in Lennox Company's portfolio of trading securities at December 31, 2020. No. of shares Cost Name of Company Hitewill Corporation common stock 2,000 $104,000 2,800 Cherson Corporation common stock $168,000 2,400 Uping Corporation common stock $67 200 On December 31, 2020, the fair value equaled the cost of all securities in the portfolio The following selected transactions took place in 2021 Feb. 20> Sold half of the Hitewill Corporation common stock 565 per share March 28> Purchased 800 shares of Teggel Corporation common stock at $156 per share. June 1> Received dividends from from Cherson Corporation, 5.50 per shares, and Uping Corporation, $1.00 a share, August 30> Sold all of the Uping Corporation Shares for $26 per shares At December 31, 2021, the fair values of the securities were: No. of shares Name of Company Fair value per share ? Hitewill Corporation common stock $55 per share 2,800 Cherson Corporation common stock $75 800 Teggel $153 December 31, 2021: Prepare the adjust entry to report the portfolio on the balance sheet. December 31, 2021: No Journal entry, instead show the balance sheet presentation of the portfolio for the trading securities