Swanson Company has the following securities in its trading portfolio of securities on December 31, 2012.

All of the securities were purchased in 2012.
   In 2013, Swanson completed the following securities transactions.

March 1  Sold the 1,500 shares of Parker, Inc., Common, @ $45 less fees of $1,200.
April 1    Bought 700 shares of McDowell Corp., Common, @ $75 plus fees of $1,300.

Swanson Company’s portfolio of trading securities appeared as follows on December 31, 2013.

Instructions
Prepare the general journal entries for Swanson Company for:
  (a) The 2012 adjusting entry.
  (b) The sale of the Parker stock.
  (c) The purchase of the McDowell stock.
  (d) The 2013 adjusting entry for the trading portfolio.