• Accumulated Other Comprehensive Income
• Allowance for Investment Impairment
• Bond Investment at Amortized Cost
• Cash
• Dividends Receivable
• Dividend Revenue
• FV-NI Investments
• FV-OCI Investments
• Gain on Disposal of Investments in Associate
• Gain on Disposal of Investments - Cost/Amortized Cost
• Gain on Disposal of Investments - FV-NI
• Gain on Disposal of Investments - FV-OCI
• Gain or Loss in Value of Investment Property
• GST Receivable
• Interest Expense
• Interest Income
• Interest Payable
• Interest Receivable
• Investment in Associate
• Investment Income or Loss
• Loss on Discontinued Operations
• Loss on Disposal of Investments - Cost/Amortized Cost
• Loss on Disposal of Investments - FV-NI
• Loss on Disposal of Investments - FV-OCI
• Loss on Impairment
• No Entry
• Note Investment at Amortized Cost
• Other Investments
• Recovery of Loss from Impairment
• Retained Earnings
• Unrealized Gain or Loss
• Unrealized Gain or Loss - OCI

Grouper Corporation purchased a 25% interest in Krov Corporation on January 2, 2020, for $900. At that time, the carrying amount of Krov's net assets was $3,200. Any excess of the cost of the investment over Grouper's share of Krov's carrying amount can be attributed to unrecorded intangibles with a useful life of 20 years. Krov declared and paid a dividend of $13 and reported net ncome of $40 for its year ended December 31, 2020. Prepare Grouper's 2020 entries to record all transactions and events related to the investment in its associate. Assume that Grouper is a publicly accountable enterprise that applies IFRS. (Round answers to 2 decimal places, eg. 52.75. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit January 2 Investment in Associate 900 Cash (To record investment purchase) December 31 V Cash 3.25 Investment in Associate (To record collection of dividend) December 31 Investment in Associate 10 Investment Income or Loss (To record investment income) December 31