The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2018. The company buys equity securities as investments. None of Ornamental's investments are large enough to exert significant influence on the investee. Ornamental's fiscal year ends on December 31. No investments were held by Ornamental on December 31, 2017 Mar. 31 Acquired Distribution Transforners Corporation common stock for $4ee,808. Sep. 1 Acquired $908,800 of Anerican Instrunents' common stock. Sep. 38 Received a $16,908 dividend on the Distribution Transformers common stock. Oct. 2 Sold the Distribution Transformers connon stock for $425,888. Nov. 1 Purchased $1,4ee,eee of MD Corporation connon stock. Dec, 31 Recorded any necessary adjusting entry(s) relating to the investments. The market prices of the investments are: American Instruments common stock M&D Corporation connon stock $1,468,000 s 85e,eee Required: 1. Prepare the appropriate journal entry for each transaction or event during 2018, as well as any adjusting entries necessary at year end. 2. Indicate any amounts that Ornamental Insulation would report in its 2018 income statement, 2018 statement of comprehensive income, and 12/31/2018 balance sheet as a result of these investments