Scofield Financial Co. is a regional insurance company that began operations on January 1, 2016. The following transactions relate to trading securities acquired by Scofield Financial Co., which has a fiscal year ending on December 31: Record these transactions on page 10: 2016 Mar. 14 Purchased 6,600 shares of Wilkomm Inc. as a trading security at $43 per share plus a brokerage commission of $660. Apr. 24 Purchased 1,800 shares of McMarsh Inc. as a trading security at $46 plus a brokerage commission of $198. Jun. 1 Sold 3,430 shares of Wilkomm Inc. for $41 per share less a $115 brokerage commission. 30 Received an annual dividend of $0.25 per share on Wilkomm Inc. stock. Dec. 31 The portfolio of trading securities was adjusted to fair values of $41 and $45 per share for Wilkomm Inc. and McMarsh Inc., respectively. Record these transactions on page 11: 2017 Apr. 4 Purchased 3,900 shares of Daley Inc. as a trading security at $28 per share plus a $195 brokerage commission. Jun. 28 Received an annual dividend of $0.40 per share on Wilkomm Inc. stock. Sep. 9 Sold 780 shares of Daley Inc. for $30 per share less a $45 brokerage commission. Dec. 31 The portfolio of trading securities had a cost of $307,141 and a fair value of $385,878, requiring a debit balance in Valuation Allowance for Trading Investments of $78,737 ($385,878 -$307,141). Thus, the credit balance from December 31, 2016, is to be adjusted to the new balance. Required: A. Journalize the entries to record these transactions. Be sure to enter the year as part of the date for the first entry on each page. B. Prepare the investment-related current asset balance sheet presentation for Scofield Financial Co. on December 31, 2017. C. How are unrealized gains and losses on trading investments presented in the financial statements? * Refer to the information given and the Chart of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign.