The info to answer all of the questions is on the first picture

The following selected transactions relate to Investment activities of Ornamental Insulation Corporaton during 2018. The company buys debt securtties, not Intending to proft from short-term differences in price and not necessarlly to hold debt securties to maturity but to have them avalable for sale when circumstances warrant. Ormamentals fiscal year ends on December 31. No Investments were held by Ornamental on December 31, 2017 Mar. 31 Acquired 7% Distribution Transforme rs Corporation bonds costing $590,000 at face value. Sep. 1 Acquired $1,185,000 of American Instruments, 8% bonds at face value Sep. 30 Received semiannual interest payment on the Distribution Transformers bonds. Oct:2 Sold the Distribution Transformers bonds for $634, 000 Nov. 1 purchased $1,590,000 of M&D Corporation bonds costing at face value Dec. 31 Recorded any necessary adjusting entry (s) relating to the investments. The market prices of the investments are: American Instruments bonds $1,116, 000 H&D Corporation bonds $1, 669, 000 Hint Interest must be accrued.) Required: 1. Prepare the approprate journal entry for each transaction or event during 2018, as well as any adjusting entries necessary at yea end. For any sales, prepare entres to update the falr-value adjustment, record any reclassification adjustment, and record the sale 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 resuit of these investments Complete this question by entering your answers in the tabs below Required Required 2 Prepare t year end For any sales, prepare entries to update the fain-value adjustment, record any reclassification adjustment, and record the rale: (E no entry s reavired for a tranraction/evene: selen he appropriate journal entry for each transaction or event during 2018, as well as any adjusting entries necessary at No journal entry requiredt in the first account fieldi lournal entry worksheet