15 [Show your computation Jacquelin Co. had the following investment portfolio at January 1, 20x2. Par Value per Share Total Investment Makalele Company 17.400 Arjuna Company 20 14,800 Forbes Company 15 6.300 Non-trading investments at cost 38,500 Fair value adjustment 1.800 Non-trading investments at fair value 40.300 During 20x2, the following transactions took place. 1. On March 1, Arjuna Company paid a 1.3 per share dividend. 2. On April 30. Jacquelin Co. sold 320 shares of Forbes Company for 14 per share. 3. On May 15, Jacquelin Co. purchased 100 more shares of Makalele Co. at 17 per share. At December 31, 2022, the shares had the following price per share values: Makelele 15.5. Arjuna 19.5, and Forbes 13. Instructions: 1. Prepare journal entries for each of the above transactions. 2. Elaborate the justification for Jacquelin Co to report any unrealized gain or loss in comprehensive income