Question 8 Sweet Company has the following portfolio of investment securities at September 30, 2017, its last reporting date Trading Securities Cost Fair Value 205,410 $191,810 118,080 165,000 Horton, Inc. common (5,010 shares) Monty, Inc. preferred (3,280 shares) Oakwood Corp. common (1,000 shares) 125,380 163,910 On October 10, 2017, the Horton shares were sold at a price of $55 per share. In addition, 3,130 shares of Patriot common stock were acquired at $56 per share on November 2, 2017. The December 31, 2017, fair values were Monty $90,560, Patriot $142,310, and the Oakwood $179,080 Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2017. (Credit account titles are automatically indented when 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.) Date Account Titles and Explanation Debit Credit