Tamarisk Co. had purchased 220 shares of Washington Co. for $42 each this year (Oregon Co. does not have significant influence). Tamarisk Co. sold 110 shares of Washington Co. stock for $48 each. At year-end, the price per share of the Washington Co. stock had dropped to $38. Prepare the journal entries for these transactions and any year-end adjustments. (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 O for the amounts.) Account Titles and Explanation (To record the purchase.) (To record the sale.) (To record the fair value.) eTextbook and Media Debit Credit List of Accounts Save for Later Last saved 5 minutes ago. Attempts: unlimited Submit Answer