Shamrock Company has the following securities in its portfolio on December 31, 2017. None of these investments are accounted for under the equity method.

Investments		Cost		Fair Value
1,500 shares of Gordon, Inc., Common		$69,700		$65,500
5,000 shares of Wallace Corp., Common		193,400		188,300
400 shares of Martin, Inc., Preferred		60,300		61,800
		$323,400		$315,600

All of the securities were purchased in 2017. In 2018, Shamrock completed the following securities transactions.

March 1		Sold the 1,500 shares of Gordon, Inc., Common, @ $45 less fees of $1,200.
April 1		Bought 700 shares of Earnhart Corp., Common, @ $75 plus fees of $1,300.

Shamrocks portfolio of equity securities appeared as follows on December 31, 2018.

Investments		Cost		Fair Value
5,000 shares of Wallace Corp., Common		$193,400		$188,300
700 shares of Earnhart Corp., Common		53,800		50,700
400 shares of Martin, Inc., Preferred		60,300		58,300
		$307,500		$297,300

Prepare the general journal entries for Shamrock Company for:

(a)		The 2017 adjusting entry.
(b)		The sale of the Gordon stock.
(c)		The purchase of the Earnhart stock.
(d)		The 2018 adjusting entry for the trading portfolio.