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TASK (C) MARKETABLE SECURITIES (20 POINTS) Egnab Inc. had the following transactions during the current...

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TASK (C) MARKETABLE SECURITIES (20 POINTS) Egnab Inc. had the following transactions during the current fiscal year ending December 31st.. Dec. 01st They purchases as a short-term investment 2,500 shares of The Pepsi-Cola Company. Egnab Inc. paid $95.00 per share; brokerage commission was $45.00. Dec. 15th Egnab Inc. sells 500 shares of The Pepsi-Cola Company for $98.50 per share; brokerage commission was $50. Dec. 27 Egnab Inc. sold additional 1,000 shares for $104.90 per share; brokerage commission was $56. Dec. 31 st Egnab Inc. remaining shares of The Pepsi-Cola Company have a current market value of $107.20 per share. Instruction: (round to 2 decimal places) Prepare Journal Entries to record the above transactions

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