Hi can some one please answer this question? I have provided the list of accounts so that its easier. Please show your calculations! Thank you

Additional Problem 1 On August 1, 2017, Ivanhoe Ltd, purchased a call option from DDR Investments Corporation, The option gave Ivanhoe the right to buy 20,000 shares in a third company, MGL Ltd., at a price of $21.50 per share. On the day Ivanhae purchased the option, MGL shares were trading at $21.50 each. Ivanhoe paid $600 for the options. On August 31, 2017, the MGL shares were trading at $23.25 each, and the options for MGL shares were trading at S35,60. (n september 15, Ivanhoe settled the options in cash when the MGI shares were trading at $24.50 and the options were trading at $55 100 Prepare the journal entries to record the above transactions. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit To record the acquisitlon of the (lo record the change In value of the opton.) (To record the change in value of the option.) (To record the sottkment of tho