On September 1, O'Hara Corporation Had the Following Investments Classified

On September 1, O'Hara Corporation had the following investments classified as held for trading purposes:
$ 50,000, 5% FMC Co. bond, purchased previously by O'Hara at 101. Interest on the bond is payable semi-annually on January 1 and July 1.
$ 100,000 3% Government of Canada bond, previously purchased by O'Hara at 98. Interest on the bond is payable semi-annually on March 31, and September 30.
During the month of September, the following transactions took place:
Sep 1: Purchased $ 40,000 4% Alpha Inc. bond at 99. Interest is payable annually on August 31.
Sep 30: Received interest on Government of Canada bond.
Sep 30: Sold the Government of Canada bond at 97.
Sep 30: Fair value on FMC Co. bond is $ 52,500 and fair value of Alpha Inc. bond is $ 38,700.
Instructions
Record the transactions that occurred in September and prepare any adjusting entries required at September 30. O'Hara Corporation is a public company and has a September 30 year end.