You have recently accepted a job as the assistant controller of Sinclair and Associates (SA), a firm of professional radiologists. SA has a December 31 year end. In 2019 SA began to invest much of its excess cash in investments Brokerage fees of 2% are incurred when buying/selling shares. A list of the transactions that occurred during the two-year period is shown below: Number of shares Bought/sold Date of Purchase/Sale February 10, 2019 June 15, 2019 Bought 1000 shares of Tire Resources @ $6.00/share Bought 2500 shares of Elegant Electronics @ $40.00/share Bought 3000 shares of Chase Incorporated @ $35/share Sold 850 shares of Elegant Electronics @ $24/share October 31, 2019 April 13, 2020 The market value of each of these shares at December 31, 2019 & 2020 is as follows Company Tire Resources Elegant Electronics Chase Incorporated Required: December 31, 2019 $5.25 $37.50 $40.00 December 31, 2020 $4.75 $42.10 $50.00 Provide journal entries for all transactions for 2019 and 2020 relating to these investments which are classified as FVTPL. (15 marks)