The unadjusted trial balance of Sheffield Inc. at its year ended December 31, 2020 had the following investments that are held for trading: Carrying Fair Amount Value Kirkland Inc. $2 non-cumulative preferred shares (2,200 shares) $ 88,000 $ 87,330 Liskeard Ltd. common shares (500 shares) 24,000 26,390 $112,000 $113,720 The following are transactions that occurred during 2021. Mar. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares June 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares. June 10 Sold 1.100 Kirkland Inc. preferred shares at $42.75 each July 15 Received a cash dividend on the Liskeard Ltd. share of $2.75 per share. Sept. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares, Dec. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares. At December 31, 2021, the Kirkland Inc. preferred shares were trading at $42.25 and the Liskeard Ltd. common shares were trading at $49.80. The unadjusted trial balance of Sheffield Inc. at its year ended December 31, 2020 had the following investments that are held for trading: Carrying Fair Amount Value Kirkland Inc. $2 non-cumulative preferred shares (2,200 shares) $ 88,000 $ 87,330 Liskeard Ltd. common shares (500 shares) 24,000 26,390 $112,000 $113,720 The following are transactions that occurred during 2021. Mar. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares June 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares. June 10 Sold 1.100 Kirkland Inc. preferred shares at $42.75 each July 15 Received a cash dividend on the Liskeard Ltd. share of $2.75 per share. Sept. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares, Dec. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares. At December 31, 2021, the Kirkland Inc. preferred shares were trading at $42.25 and the Liskeard Ltd. common shares were trading at $49.80