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Skysong Company has the following portfolio of investment securities at September 30,2025 , its most recent reporting date. On October 10, 2025, the Horton shares

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Skysong Company has the following portfolio of investment securities at September 30,2025 , its most recent reporting date. On October 10, 2025, the Horton shares were sold at a price of \$S3 per share. In addition, 3,170 shares of Patriot common stock were acquired at $54,00 per share on November 2, 2025. The December 31,2025 , fair values were Monty $96,750. Patriot $141,850, and Oskwood $188,440. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2025. None of these investments represents significant influence. The Fair Value Adjustment account has a zoro balance prior to September 30, 2025. (List all debit entries before credlit entries. Credit account titles are automutically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the occount titier and enter Ofor the omounts, Record joumal entries in the order presented in the problem)

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