a. show how the securities would be reported on financial holsimgs december 31, 2020 balance sheet

b. record finacial holdings 2021 transcations and any required adjusting journal entries at dec 31, 2021

c. show how the investment income, gains and loses would be reported on the statment of comprehensive income dor the years ended december 31, 2021 "ignore income tax"

and wishow you recommend to the company P16.5A (LO 3, 5) AP During 2020, Financial Holdings, a public company, purchased equity sec rities for trading purposes. At December 31, 2020, the securities for Financial Holdings were in follows: Security Quantity Market Value Sabo common shares 1.000 $15.000 $13.500 PYR $1.50 preferred shares 2.000 20.00 24.500 Total 539.000 The following transactions with respect to Financial Holdinger Investments occurred during 2021: Jan. 15 Purchased 1.500 commen shares of for $15.00 per share the shoes are desig nated as fair value through other cousive Income Mar. 20 Received dividends on the Pykprelindshart per share June 15 Sold 750 of the Sabo common shares for $15.75 per stare. Aug. 5 Received dividends on the Sabo common shares of $2.50 Sace Oct. 15 Received an additional 1,500 common shares of harm as a result of a 2-for-1 stock split. At December 31, 2021, the securities held by Financial Holdings were trading on the TSX at the following prices: Security Price Sabo common shares S16.00 PYK $1.50 preferred shares 13.75 Hazmi common shares 7.00