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XYZ Corporation reported the following transactions relating to its trading investments: Jan Jun 1 Purchased 1,000 shares of Tokyo Ltd. shares for $64,000 cash. Received

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XYZ Corporation reported the following transactions relating to its trading investments: Jan Jun 1 Purchased 1,000 shares of Tokyo Ltd. shares for $64,000 cash. Received cash dividends of $5 per share on the Tokyo shares. Sold 250 Tokyo shares for $15,500. The fair value of the Tokyo shares was $49,250, Sep 15 Dec 31 Record the above transactions and events

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