Explain with working note.

Your answer is partially correct. Try again. On August 1, 2018, Page Ltd. purchased 1,100 Datawave Inc. common shares for $49,200 cash with the intention of trading the shares and using the fair value through profit or loss model. Datawave declared a dividend of $1 per common share, which Page received on December 28, 2018. On December 31, 2018, Page's year end, the shares' fair value was $53,100. Assume that the shares were sold on February 1, 2019. Record the sale under two different assumptions: (a) the shares sold for $51,100, and (b) the shares sold for $48,600. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Date Account Titles and Explanation Debit Credit (a) Feb. 1 Cash 51100 X Held for Trading Investments 49200 X Realized Loss on Held for Trading Investments 1900 (b) Feb. 1 Cash 48600 Unrealized Loss on Held for Trading Investments 600 Held for Trading Investments 49200