At 1 July 2018, Creative Ltd acquired 150,000 shares in Brokerage Ltd at a price of $5 each. There were brokerage fees of $1,000. The closing market price on Brokerage Ltd shares on 30 June 2019 was $10. 1. Provide the required accounting journal entries for Creative Ltd to account for the Investment in Brokerage Ltd using fair value through other comprehensive income at 1 July 2018 and 30 June 2018. Also show calculations/workings. (4 Marks) I 1, Share in Brokerage Itd account: 150000*5=750000 (Debit) Brokerage account $1000 (Debit) To bank account (Being shares purchased in Brokerage Ltd) fit 2, Fair Value through profit or loss account: 2. How future dividends on above equity investment will be treated in the financial statements of Creative Ltd. (1 Mark)