answer journal entries and the other totals

The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2024. The company buys debt securities, intending to profit from short-term differences in price and maintaining them in an active trading portfolio. Ornamental's fiscal year ends on December 31. No investments were held by Ornamental on December 31, 2023. Narch 31 Acquired 8\% Distribution Transformers Corporation bonds costing \$570, 000 at face value. September 1 Acquired \$1,410, 90 of American Instrumphts' 10% bonds at face value. september 30 peceived semiannual interest payment on the Distribution Transformers bonds. october 2 Sold the Distribution Transformers bonds for $625,090. November 1 purchated $2,250, 000 of Mso Corporation 65 bonds at face value. Decenber 31 Recorded any necessary adjusting entry (5) relating to the investments. The sarket prices of the investments are Anertcan tnstruments bonds \$ 1,367,000 Heo corporation bonds $2,327,600 (Hint: Interest must be accrued) Required: 1. Prepare the oppropriate journal entry for each transaction of event during 2024 , as well as any acjusting entries necessary at year end 2. Indicate any amounts that Ornamental insulation would report in its 2024 income statement, 2024 statement of comprehensive income, and 12/31/2024 balance sheet as a result of these investments. Include totols for net income, comprehensive income. and retained earnings as a result of these investments. ignore income taxes Journal entry worksheet Record the acquisition of 8% Distribution Transformers Corporation bonds costing $570,000 at face value. Note; Enter debits before credits. Indicate any amounts that Ornamental Insulation would report in its 2024 income statement, 2024 statement of comprehensive income, and 12/31/2024 balance sheet as a result of these investments. Include totals for net income, comprehensive income, and retained earnings as a result of these investments. Ianara inrome taxes. Income statement: Net income Statement of comprehensive income: Other comprehensive income Comprehiensive income Balance sheet: Assets Current Assets Investments \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline Shareholders' Equity & \\ \hline \end{tabular}