Reporting of and Analyzing Financial Effects of Passive Equity Securities Guay Company had the following transactions and adjustment related to a passive equity investment. 2019 Nov. 15 Purchased 5,000 shares of Core, Inc.'s common stock at $16 per share plus a brokerage commission of $900. Guay Company expects to sell the stock in the near future. Dec. 22 Received a cash dividend of $1.25 per share of common stock from Core. Dec 31 Made the adjusting entry to reflect year-end fair value of the stock investment in Core. The year-end market price of the Core common stock is $17.50 per share. 2020 Jan. 20 Sold all 5,000 shares of the Core common stock for $86,400. Required a. Prepare journal entries to record these transactions. General Journal Date Description Debit Credit 2019 11/15 0 0 0 0 12/22 0 0 0 0 12/31 0 0 0 0 2020 1/20 0 0 Loss on Sale of Investment 0 0 0 0 b. Post the journal entries from a to their respective T-accounts, Unrealized Gain (R) Cash (A) 0 11/15/19 0 0 a 0 0 0 Investment in Core, Inc. (A) 11/15/19 0 12/22/19 0 0 0 12/31/19 0 0 1/20/20 0 0 0 Loss on Sale of Investment (E) 11/15/19 0 0 12/22/19 0 0 12/31/19 0 0 1/20/20 0 0 11/15/19 12/22/19 12/31/19 1/20/20 0 0 0 0 0 12/22/19 12/31/19 1/20/20 0 0 0 0 0 0 Dividend Income (R) 0 0 0 0 11/15/19 12/22/19 12/31/19 1/20/20 C 0 0 0 C. Record each of the transactions in the financial statement effects template. Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets = Liabilities + Contrib. Capital + Earned Capital Revenues + . Expenses - Net Income 11/15Purchase 5,000 shares of Core, Inc. common $ 0 + $ 0 + $ 0 + $ 0$ 0 - $ 0 = $ 0 12/22 Dividend income 0 + 0 = 0 + 0 + 0 + OS 0$ 0 = $ 0 12/31 Increase in investment 0 + 0 = 0 + 0+ OS 0 $ 0 = $ 0 1/20Sale of Core, Inc. common / 0 + 0 0 + 0 0 + 0 S $ 0 - $ 0 = $ 0 Please answer all parts of the question. 0 =