Peterson Ltd. had the following transactions: 2024
Jan. 15 Peterson acquired 400 shares of Harris Ltd. at a cost of $60 per share.
Feb. 28 Harris Ltd. declared and paid dividends of $0.80 per share.
Mar. 31 Peterson prepared its financial statements for the first quarter. The Harris shares were trading at $55 per share at this date.
Apr. 15 Peterson sold all of its Harris shares at $80 per share, less fees of 2% of the trade value.

Required 

a. Prepare all necessary journal entries related to the above transactions assuming that the shares were held for trading and classified as fair value through profit or loss. 

b. Prepare all necessary journal entries related to the above transactions assuming that the investment was classified as fair value through other comprehensive income.