At December 31, 2017, the equity investments of Wang Inc. that were accounted for using the FV-OCI model without recycling (application of IFRS 9) were as follows:

Because of a change in relationship with Ahn Inc., Wang Inc. sold its investment in Ahn for $153,300 on January 20, 2018. No other investments were acquired or sold during 2018; however, a dividend of $1,300 was received from Burnham Corp. in June. At December 31, 2018, the fair values of Burnham and Chi shares were $153,750 and $72,600, respectively.
Instructions
(a) Prepare the entry to adjust the portfolio of investments to fair value at December 31, 2017.
(b) Prepare the presentation of all investment-related accounts on the statement of financial position at December 31, 2017.
(c) Indicate what accounts and amounts would be reported on the statement of comprehensive income for the year ended December 31, 2017, and where each would be reported.
(d) Prepare the journal entries for the 2018 sale of the investment in Ahn Inc. and for the dividend received from Burnham Corp.
(e) Prepare the journal entry required at December 31, 2018, to adjust the investments to fair value.

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Investment Ahn Inc. Burnham Corp Chi Ltd. Total Cost and Carrying Amount $175,200 121,500 73,000 $369,700 Fair Value $150,000 140,600 75,500 $366,100 Unrealized Gain (Loss) $(25,200) 19,100 2,500 $ (3,600)