Here is Ivanhoe Company’s portfolio of long-term stock investments at December 31, 2021, the end of its first year of op

[answerhappygod]

Here is Ivanhoe Company’s portfolio of long-term stock
investments at December 31, 2021, the end of its first year of
operations.
Cost
1,400 shares of Willhite Corporation common stock
1,700 shares of Hutcherson Corporation common stock
1,000 shares of Downing Corporation preferred stock
On December 31, the total cost of the portfolio equaled the total
fair value. Ivanhoe had the following transactions
related to the securities during 2022.
At December 31, 2022, the fair values of the securities were:
(a)
Prepare journal entries to record the
transactions. (List all debit entries before
credit entries. Credit account titles are automatically indented
when amount is entered. Do not indent manually. If no entry is
required, select "No entry" for the account titles and enter 0 for
the amounts. Record journal entries in the order presented in the
problem.)