Stock During the most recent year Quinn Co bought2,800 shares of Germana-Hall Corporation common stock at $35,500 shares of Bartengo Corporation stock at 45 50 and 1.000 shares of Frumby Corporation stock at 30 A December 31, Hoover's Online reports German-Holock 528.130, Bartengo at 48.00, and Frumley at 563 25 Quinn does not own more than 10% of the outstanding stock in any of its investments Read the team Requirement 1. Determine the cost and the far value of the long term investment portfolio at December 31 (Enter per shure values to three decimal place) Number Cost Fair value Total of shares per share Total cost per share fair value Carmana Hal Barengo Frumley Total Requirement 2. Record Quinn's adjusting entry at December 31 (Record debits first the credits Exclude explanations from any journal ente) Journal Entry Date Accounts Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question This Test: Topts possible o During the most recent year, Quinn Cohought 2.800 shares of German-Hu Corporation common stock 33.5 shares of Barongo Corporation stock at $450 and 1.000 shares of Frumley Corporation stock of 570A December 31, Hoover's Online reports German-Halle 1.28130 Bartengo 4800 and Frame 563 One does not own more than 10% of the outstanding stock in any of its resin Read the Requiremenog mer Journal Entry Date Accounts Debit Cred Ded 31 Requirement 3. What would Queen report on its income statement and balance sheet year and for the worlaton gives? gore income taxes (Une parentheses or amous sign for losses) BALANCE SHEET (partial INCOME STATEMENT (partial Choose from any ist of enter any number in the routes and then continue thened question Requirement 1. Determine the cost and the fair value of the long-term investment portfolio at December 31. (Enter per share values to three decimal places.) Number Cost Fair value Total fair value Stock of shares per share Total cost per share D. Germana-Hall Barlengo Frumley Totals Requirement 2. Record Quinn's adjusting entry at December 31. (Record debits first, then credits. Exclude explanations from any journal entries) Journal Entry Accounts Date Credit Debit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question Requirement 3. What would Quinn report on its income statement and balance sheet at year-end for the information given? Ignore income taxes (Use parenthe BALANCE SHEET (partial) INCOME STATEMENT (partial) Choose from any list or enter any number in the input fields and then continue to the next question During the most recent year. Quinn Co bought2.300 shares of Germana - Hall Corporation common stock 535, 590 shares of Barlengo Corporation stock at 54550, and 1 000 shares of Frumley Corporation stock 870 AL December 31, Hoover's Online reports Germana - Halstock 15:28 130, Baringo at 54800, and Frumley at 863 25 Quinn does not own more than 10% of the outstanding stock in any of investments Read the requirements