Question 5: Financial assets (20 marks) Magneto Ore Company (MOC) has a December 31 fiscal year-end. The company has three financial investments Investment A. 200 shares of Apple Inc. MOC purchased these shares on June 17, 2020, when Apple's share price was $320 per share. Apple paid no dividends. At the close of December 31, 2020, the price of Apple shares had increased to $405. MOC has classified this investment as held for trading. Investment B 10,000 shares of BCE Inc. MOC purchased these shares on March 11, 2020, and received $1,500 cash dividends from BCE Ine during 2020. At the end 2020, the following is reported on the Balance Sheet and the Income Statement for this investment: Investment in BCE Inc. Balance sheet value Dec 31, 2020 $120,000 Dividend income 0 Total income recognized on the investment 7,000 Investment C Loblaws corporate bonds with face value of $100,000 These bonds were purchased on January 1, 2020 at a cost of $108,425. The bonds pay annual mterest at 8% face rate ou Dec 31, and mature on January 1, 2025. The market interest rate on the date of purchase was 6%. MOC has classified this investment as available-for-sale. On December 31, 2020, the bonds had a market value of $104,000. Required- 2. Record all joumal entries for Investment A for the year 2020. b. Based on the available information, how did MOC classify Investment B? Record all joum al entries for Investment B for the year 2020. C. For Investment C, record the joumal entries to recognize the interest income and/or any unrealized gains or losses at the end of year 2020