Testbank Problem 129 Windsor, Inc. purchased a put option on Sheridan common shares on July 7, 2021, for $210. The put option is for 290 shares, and the strike price is $52. The option expires on July 6, 2021. The following data are available with respect to the put option: Date Market Price of Sheridan Shares Time Value of Put Option March 31, 2021 $49 per share $118 June 30, 2021 $51 per share 56 July 6, 2021 $47 per share 20 Prepare the journal entries for Windsor, Inc. for the following dates. (a) January 7, 2021Investment in put option on Sheridan shares. (b) March 31, 2021Windsor, Inc. prepares financial statements. (c) June 30, 2021Windsor, Inc. prepares financial statements. (d) July 6, 2021Windsor, Inc. settles the put option on the Sheridan shares. (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. Record journal entries in the order presented in the problem.)