ework Saved Help Save & Exit Sub: any work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question trading securities portfolio. The company's fiscal year ends on December 31, 2021 oct. 18 Purchased 2 million shares of Millwork Ventures Company common stock for $58 million. Millwork has a total of 34 million shares issued. 31 Received semiannual interest of $1.6 million from the Kansas Abstractors bonds. Nov. 1 Purchased 10% bonds of Holistic Entertainment Enterprises at their $18 million face value, to be held until they mature in 2031. Seniannual interest is payable April 30 and October 31. 1 Sold the Kansas Abstractors bonds for $36 million because rising interest rates are expected to cause their fair value to continue to fall. No unrealized gains and losses had been recorded these bonds previously. Dec. 1 Purchased 12% bonds of Household Plastics Corporation at their $60 million face value, to be held until they mature in 2031. Semiannual Interest is payable May 31 and November 30. 2e Purchased U. S. Treasury bonds for $5.8 million as trading securities, hoping to earn profits on short-tern differences in prices. 21 Purchased 4 million shares of NXS Corporation's 48 million shares of common stock for $48 million, planning to hold these shares until market conditions encourage their sale. 23 Sold the Treasury bonds for $6.0 million 29 Received cash dividends of $9 million from the Millwork Ventures Company shares of common stock. 31 Recorded any necessary adjusting entries relating to the investments. The market price of the Millwork Ventures Company common stock was $24.5e per share and $14.88 per share for the NXS Corporation common stock. The fair values of the bond Investments were 558.7 million for Household Plastics Corporation and $16.4 million for Holistic Entertainment Enterprises 0.6 Interest receivable Interest revenue 0.6 14 Dec 31, 2021 373 Loss on investment (unrealized, NI) Fair value adjustment 15 Jan 07, 2022 3.0 X Loss on investment (unrealized, NI) Fair value adjustment Oo 20 16 Jan 07. 2022 Cash Fair value adjustment Investment in equity Securities SS 460 20 O 48.0