Your answer is partially correct. Try again Marin Company has the following portfolio of investment securities at September 30, 2017, its last reporting date Fair Value $197,330 131,410 202,770 Trading Securities Cost Horton, Inc. common (5,060 shares) Monty, Inc. preferred (3,470 shares) Oakwood Corp. common (1,040 shares) $212,520 124,920 203,840 On October 10, 2017, the Horton shares were sold at a price of $54 per share. In addition, 3,070 shares of Patriot common stock were acquired at $56 per share on November 2, 2017. The December 31, 2017, fair values were Monty $98,460, Patriot $139,700, and the Oakwood $217,370 Prepare the journal entries to record the sale, purchase, and adjusting entries related to the equity securities in the last quarter of 2017, (Credit account titles are automatically indented when 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.) Date ccount Ttles and Esplanation Credit Oct, 10, 2017 273 Gain on Sale of Investments 60,7 Equity 212,5 Nov. 2, 2017 Equity 1 Cash 171,9 Dec. 31, 2017 Holding Gain or Loss Income 770