TRADING SECURITIES During 2001, Sunshine Inc. purchased the following trad Market 12/3112001 $14,000 8,000 25,000 57,000 Cost Securit Wexler Common TexCo Common Drum Common 14,000 $ 52,000 At the begining of 2001, Sunshine had a zero balance in Market Adjustment- 1. What entry would be made at year end to adjust the securities to mark djustment-Tradin nig et value assuming the above values 2. What entry would be made during 2002 assuming the Wexler Co. common stock is sold for $19,000 3. What entry would be made during 2002 to record the receipt of $1,500 in dividends. 4, Give the entry that would be made at the end of 2002 assuming the market values of remaining securities are Cost 18,000 25,000 $ 43,000 Market 12/31/2002 S 10,000 26,000 $ 36,000 TexCo Common Drum Common