Yellow Inc. holds the following portfolio of securities held for trading purposes and accounted for using the fair value through net income model at September 30, 2011, the end of Yellows third quarter. Yellow Inc. prepares adjusting entries and financial statements at the end of each quarter. Investment Cost ($) Fair Value ($) 1,000 common shares of Blue Inc. 180,000 176,000 5,000 common shares of Red Inc. 225,000 196,000 3,500 common shares of Orange Inc. 133,000 140,000 On November 30, 2011, Yellow sold all Red Inc. shares for $57 per share and purchased 3,000 shares of Green Inc. for $59.50 per share. Yellow pays a 1% commission on all purchase and sale share transactions. On December 31, 2011, the fair values of the shares held were as follows: Blue Inc. $193,000; Orange Inc. $96,000; Green Inc. $132,000. Required: a) Prepare the journal entries to record the purchases, sales and quarter-end adjustments in Yellows investment portfolio for the fourth quarter of 2011. b) Prepare the partial classified balance sheet for the FV-NI investments of Yellow Inc. at December 31, 2011. (partial) for 2011. Use a proper three-line title.