Question 6: FV-NI Equity Investments, please answer.

_wmm: Actiuet Corporation, a Canadian-based intematiorlal oompanjr that folous IFHS, including IAS 39, has the following securities in its porttoio of investments aoqui'ed for trading purposes and amounted for using the fairy-due through net income method on [leoerrioer 31, 201B: Carrying Amount Investments [Before adjustment] Fair Value 1,600 shares of [)auid Jones lnc., common 53?,4t3l} 532.5% 4,305 shares of Heam Corp, common 15,4t][l 151,310 iii-BI] shares of Alessandro lnc., preferred 53 Eli-D m 5233.111111]} m In 2D1?, Aotiwet colrpleted the following securities transactions: March 1, Sold 'IDI} shares of David Jones Inc. common at $45.51 pershare, teas fees of 5500 April 1, Bought TDD shares of Dhsrto Ltd. Corrmon at in per mare, less fees of 51.111110 Actiuet Corporation's portfolio oftrading securities appear as lms on Deoemher 31, 2111?: Original Investments Cost Fa'r 'u'ahe 4,311!) shares of Heam Corp, common $153,401] $1 55,?01] i'lIt shares of Oberto Ltd.. oorrl'non 51.501] mono ill-Bl] shares of Alessandro lnc., preferred 53,201] et M g Required: a} Prepare the Astivet Corporation generaljou'nal entries to record the ariu-sti'tg entry for December 31, ENE {hintI adjust to fair value] h': Prepare the general journal entries to reoord the sale ofthe David Jones Inc. shares on March 1, 2111? 1:} Prepare the generaljounal entries to record the ptrchase ofthe Gherto Ltd shares on April 1, 2111? d} Prepare the general journal entries to record the adjusting entry:I for Deoerrider 31, 201? (hilt, adjust to fair vane shile being aware of the carrying arr'lounts]