Stellar Company has the following portfolio of investment securities at September 30, 2020, its most recent reporting date. Investment Securities Cost Fair Value Horton, Inc. common (5,180 shares) $217,560 $204,010 Monty, Inc. preferred (3,200 shares) 115,200 121,760 Oakwood Corp. common (930 shares) 171,120 170,150 On October 10, 2020, the Horton shares were sold at a price of $51 per share. In addition, 3,150 shares of Patriot common stock were acquired at $53 per share on November 2, 2020. The December 31, 2020, fair values were Monty $87,420, Patriot $136,340, and Oakwood $183,240. Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2020. (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 0 for the amounts.)Date Account Titles and Explanation Debit Credit Oct. 10, 2020 V Cash 264180 21756 Gain on Sale of Investments 4662 Nov. 2, 2020 v 166950 Cash 16695 Dec. 31, 2020 V Fair Value Adjustment eTextbook and MediaPrepare the journal entries for Cullumber Inc. for 2020 and 2021, assuming that Cullumber can exercise significant influence over Kulikowski. (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 0 for the amounts.) ate Account Titles and Explanation Debit Credit 2020 Equity Investments 1170000 Cash 1170000 ), 2021 Cash 42120 Equity Investments 42120 2021 Cash 42120 Equity Investments 42120 (To record dividend.) Equity Investments 160400 Dividend Revenue 160400 (To record revenue.)