Question no: 6 (08 marks) Montour Company invested $30,000 in marketable securities on July 4. On July 9, it sold some of these investments for $10,000, and on July 18, it sold more of these investments for $5,000. The securities sold on July 9 had cost the company $7,000, whereas the securities sold on July 18 had cost the company $6,000. a. Record the purchase of marketable securities on July 4. b. Record the sale of marketable securities on July 9. c. Record the sale of marketable securities on July 18. d. Record the necessary fair value adjustment on July 31, assuming that the market value of the company's remaining unsold securities was $20,000