Suppose Catray Corp.completed the following investment transactions in 2020 and 2021 2020 Nov. 6 Purchased 3,500 McManus Corporation common shares for $119.000. Calray plans to sell the shares in the near future to meet its operating cash flow requirements Brokerage commissions on the purchase were $870 30 Received a quarterly cash dividend of $3.00 per share on the McManus Corporation shares Dec. 31 Current fair value of the McManus common shares is 5129,500. This is year-end for Calray Corp. 2021 Jan. 20 Sold the McManus Corporation shares for $131,500.less brokerage commissions on the sale of $920 ECCE November 6, 2020 Purchased 3,500 McManus Corporation common shares for $119,000. Calray plans to sell the shares in the near future to meet its operating cash flow requirements. Brokerage commissions on the purchase were $870. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit 2020 Nov 6 Uvuv. cairay plans to sell the shares in the near future to meet erage commissions on the purchase were $870. erly ca of the * Requirements . Corp ray 1. Make the entries to record Calray Corp.'s investment transactions 2. Show how Calray Corp. would report its investment in the McManus Corporation shares on the balance sheet at December 31, 2020. December ca lance Print Done Decer