Azur Inc, a company following IFRS, has the following investments. Park Limited bonds On January 1, 2023, Azur Inc. purchased $300,000,6.5% bonds of Park Limited. The bonds pay interest annually every December 31 , and would mature on December 31,2027 . The bonds were acquired to yield 6.25%. The market yield for similar bonds was 6.75% on December 31,2023 . Azur Inc. decided to account for this investment under the amortized cost model ( 4 marks). Mbangwa Limited bonds On January 1, 2023, Azur Inc. purchased $400,000,7.5% bonds of Mbangwa Limited. The bonds pay interest annually every December 31 , and would mature on December 31,2026 . The market yield for similar bonds was 8% on January 1, 2023 and 7.25\% on December 31, 2023. Azur Inc. manages this investment on a contractual yield basis and accounts for it under the FVOCl-Bonds model (5 marks). Kadyrov Corp common shares On February 1, 2023, Azur Inc acquired 25,000 shares of Kadyrov Corp at a price of $27 per share plus brokerage commission of $1,000. On August 1,2023 , Kadyrov Corp declared and paid a dividend of $0.80 per share. On November 15, Azur Inc sold 10,000 shares of Kadyrov Corp at $30 per share, less brokerage commission of $700. On December 31. 2023, the shares of Kadyrov Corp were trading on the Stock Exchange at \$26 per share. Azur Inc intended to sell the shares in future when the price increased substantially, and accounts for them under the FVTPL model (5 marks). Prasad Corp common shares On March 1, 2023, Azur Inc acquired 30.000 shares of Prasad Corp at a price of $18 per share plus brokerage commission of $1,500. On August 15,2023 , Prasad Corp declared and paid a dividend of $0.35 per share. On December 31,2023 , the shares of Prasad Corp were trading on the Stock Exchange at $22.50 per share. Azur Inc intends to acquire significant influence over Prasad Corp in future and does not intend to sell the shares any time soon, and therefore elected to account for this investment under the FVOCl-shares model (5 marks). Nurul Corp common shares On April 1, 2023, Azur Inc acquired 22% of the 1,000,000 outstanding common shares of Nurul Corp at a price of $30 per share. Transaction costs amounting to $40,000 were also paid in cash. The acquisition provided Azur Inc significant influence over Nurul Corp. At this time, Nurul Corp's shareholders' equity totaled $26,000,000. The fair values of all assets and liabilities were equal to their book values, except for - equipment, whose fair value exceeded book value by $192,000. The equipment had a remaining useful life of 5 years and 9 months as of April 1, 2023. - inventory, whose fair value exceeded book value by $25,000. This inventory was sold by June 2023. On August 31,2023 , Azur Limited sold a building with a net book value of $960,000 to Nurul Corp for $1,240,000. Nurul Corp decided to depreciate the building over a useful life of 7 years from the date of purchase. On October 31,2023 , Nurul Corp declared and paid a dividend of $1.25 per share. Nurul Corp's net income for 2023 was $1,800,000, earned evenly during the year. On December 31, 2023, the shares of Nurul Corp were trading on the Stock Exchange at $34 per share (8 marks). Required: Determine the amounts that Azur Inc. would report in relation to each of its investments on its statement of comprehensive income and its statement of financial position for 2023. Show all calculations clearly. Azur Inc, a company following IFRS, has the following investments. Park Limited bonds On January 1, 2023, Azur Inc. purchased $300,000,6.5% bonds of Park Limited. The bonds pay interest annually every December 31 , and would mature on December 31,2027 . The bonds were acquired to yield 6.25%. The market yield for similar bonds was 6.75% on December 31,2023 . Azur Inc. decided to account for this investment under the amortized cost model ( 4 marks). Mbangwa Limited bonds On January 1, 2023, Azur Inc. purchased $400,000,7.5% bonds of Mbangwa Limited. The bonds pay interest annually every December 31 , and would mature on December 31,2026 . The market yield for similar bonds was 8% on January 1, 2023 and 7.25\% on December 31, 2023. Azur Inc. manages this investment on a contractual yield basis and accounts for it under the FVOCl-Bonds model (5 marks). Kadyrov Corp common shares On February 1, 2023, Azur Inc acquired 25,000 shares of Kadyrov Corp at a price of $27 per share plus brokerage commission of $1,000. On August 1,2023 , Kadyrov Corp declared and paid a dividend of $0.80 per share. On November 15, Azur Inc sold 10,000 shares of Kadyrov Corp at $30 per share, less brokerage commission of $700. On December 31. 2023, the shares of Kadyrov Corp were trading on the Stock Exchange at \$26 per share. Azur Inc intended to sell the shares in future when the price increased substantially, and accounts for them under the FVTPL model (5 marks). Prasad Corp common shares On March 1, 2023, Azur Inc acquired 30.000 shares of Prasad Corp at a price of $18 per share plus brokerage commission of $1,500. On August 15,2023 , Prasad Corp declared and paid a dividend of $0.35 per share. On December 31,2023 , the shares of Prasad Corp were trading on the Stock Exchange at $22.50 per share. Azur Inc intends to acquire significant influence over Prasad Corp in future and does not intend to sell the shares any time soon, and therefore elected to account for this investment under the FVOCl-shares model (5 marks). Nurul Corp common shares On April 1, 2023, Azur Inc acquired 22% of the 1,000,000 outstanding common shares of Nurul Corp at a price of $30 per share. Transaction costs amounting to $40,000 were also paid in cash. The acquisition provided Azur Inc significant influence over Nurul Corp. At this time, Nurul Corp's shareholders' equity totaled $26,000,000. The fair values of all assets and liabilities were equal to their book values, except for - equipment, whose fair value exceeded book value by $192,000. The equipment had a remaining useful life of 5 years and 9 months as of April 1, 2023. - inventory, whose fair value exceeded book value by $25,000. This inventory was sold by June 2023. On August 31,2023 , Azur Limited sold a building with a net book value of $960,000 to Nurul Corp for $1,240,000. Nurul Corp decided to depreciate the building over a useful life of 7 years from the date of purchase. On October 31,2023 , Nurul Corp declared and paid a dividend of $1.25 per share. Nurul Corp's net income for 2023 was $1,800,000, earned evenly during the year. On December 31, 2023, the shares of Nurul Corp were trading on the Stock Exchange at $34 per share (8 marks). Required: Determine the amounts that Azur Inc. would report in relation to each of its investments on its statement of comprehensive income and its statement of financial position for 2023. Show all calculations clearly