Sheridan Ltd. is a Canadian publicly-traded business with a December 31 fiscal year end. In order to get a better return on some of its excess cash, Sheridan purchased 180 common shares of AFS Corporation on July 1, 2020 at a price of $4 per share. On the day of acquisition, Sheridan elected to account for the investment using the fair-value through other comprehensive income (FV-OCI) without recycling. On August 1, 2020, AFS declared dividends of $1/share, and paid those dividends on August 20, 2020. On December 31, 2020, shares in AFS were trading at $5 per share. On September 15, 2021, Sheridan sold the shares in AFS for $6 per share. Prepare the journal entries required to record the above transactions on the books of Sheridan Ltd. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation July 1, 2020 inv Debit Credit August 1, 2020 August 20, 2020 December 31, 2020 September 15, 2021 (To adjust to fair value on date of disposition) (To record disposal) (To reclassify holding gain)