During $2026,$ Carleton Company had the following transactions relating to its investments held for trading: Feb $1$ Purchased $1,100$ common shares of Kanata Corp for $\backslash \backslash$$$13$ each. May $20$ Purchased $3,000$ shares of Orleans Corp for $\backslash \backslash (\backslash \backslash$$ $27\backslash \backslash )$ each. Jul $1$ Received dividends totalling $\backslash \backslash (\backslash \backslash$$ $3,300\backslash \backslash )$ from Kanata Corp. Sep$10$ Sold $1,000$ shares of the investment in Orleans Corp for $\backslash \backslash (\backslash \backslash$$ $23\backslash \backslash )$ per share. Nov $30$ Sold $800$ shares Orleans Corp for $\backslash \backslash (\backslash \backslash$$ $30\backslash \backslash )$ per share. On December $31,$ Carleton's year end, the Kanata Corp shares are trading at $\backslash \backslash (\backslash \backslash$$ $12\backslash \backslash )$ and the Orleans Corp shares are trading at $\backslash \backslash$$$31.$ Instructions a$)$ Record the transactions and prepare any adjusting entries required at December $31,2026.$ b$)$ Determine the amounts to be reported on Carleton's balance sheet and income statement at December $31,2026$ related to its investment in equity securities$.$