Ship Your Way completed these long-term available-for-sale investment transactions during 2010: 2010 Apr 10 Purchased 400 shares

Question:

Ship Your Way completed these long-term available-for-sale investment transactions during 2010:
2010
Apr 10 Purchased 400 shares of Naradon stock, paying $22 per share. Ship Your Way intends to hold the investment for the indefinite future.
Jul 22 Received a cash of $1.26 per share on the Naradon stock.
Dec 31 Adjusted the Naradon investment to its current market Dec 31 value of $5,200.
1. Journalize Ship Your Ways investment transactions. Explanations are not required.
2. Show how to report the investment and any unrealized gain or loss on Ship Your Ways at December 31, 2010. Ignore income tax.

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