The following transactions relate to the investment activities of Brown Corporation. The company buys securities that are available for sale when circumstances warrant. Requirement 1: a. Record the 2017 transactions/events in journal entries or t-accounts. b. Assuming the 2017 income from operations was $300,000, compute the 2017 net income, ignoring taxes. c. Compute the 2017 comprehensive income. d. Show the amounts that Brown will report on its 2017 balance sheet as a result of these investments (other than cash). Requirement 2: a. Record the 2018 transactions/events in journal entries or t-accounts. b. Assuming the 2018 income from operations was $300,000, compute the 2018 net income, ignoring taxes. c. Compute the 2018 comprehensive income. d. Show the amounts that Brown will report on its 2018 balance sheet as a result of these investments (other than cash)