--/15 Question 30 View Policies Current Attempt in Progress The accountant for Runner Holdings Ltd. has prepared the following table in order to explain to the company's board of directors the transactions that caused various investment accounts to increase and decrease during the past year. The company uses the fair value through profit or loss model for all held for trading investments, the equity method for investments in associates, and the cost method for equity investments that are not traded actively and have no determinable fair value. $28.500 Balance, beginning of year Dividends earned and received Interest earned and received Realized gain (loss) Unrealized gain (loss) Proceeds received on sale of investment Share of income (loss) Balance, end of year Long-term Held for Trading Investments Investments Investments in Associates (at cost) $54.100 $256,200 900 7.700 900 200 1,400 0 0 4300 0 (2.200) (3.300) 2,000 9.100 0 7.000 (3.600 21.400 2.800 $62.900 $277.300 $39.000 (8.000) Although each of the amounts in the above table is correct, in determining the balance at the end of the year, the accountant may have included amounts that should not be included and may have added rather than subtracted (or vice versa) amounts. Prepare a revised table and calculate the correct year-end balances in the three investment accounts. (If an amount reduces the account balance then enter with negative sign preceding the number eg.-45 or parentheses eg. (45).) Held for Trading Investments Investments in Associates Long-term Investments (at cost) Balance, beginning of year $ $ $ Unrealized loss Dividends earned and received Share of income Carrying amount of investments sold Balance, end of year $ $ S Prepare a table showing the amounts that would be reported on the income statement. (If an amount reduces the account balance then enter with negative sign preceding the number eg.-45 or parentheses eg. (45).) Held for Trading Investments Investments in Associates Long-term Investments (at cost) Income from associates $ $ $ Interest revenue Dividend revenue Realized gain on held for trading investments Realized loss on long-term investments Unrealized loss on held for trading investments $ $