Sandhill Co. purchased 950 shares of Sugarland Company for $20 each this year and classified the investment as a trading security. Sandhill sold 360 shares of the stock for $22 each. At year end the price per share of the Sugarland Company had increased to $23. Prepare the journal entries for these transactions and any year-end adjustments. (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 O for the amounts.) Account Titles and Explanation Debit Credit Equity Investments Cash (To record the purchase.) Cash (To record the sale.) (To record the fair value.)