b) Prepare the entry to record the Castle share purchase on April 17, 2024.

c) Calculate the unrealized gains or losses and prepare any required adjusting entry for Culver on December 31, 2024.

d)

Bridgeport Corp. has the following securities (all purchased in 2023) in its investment portfolio on December 31, 2023: 2,520 Anderson Corp. common shares, which cost $49,140;13,600 Munter Ltd. common shares, which cost $581,300; and 6,390 King Corp. preferred shares, which cost $256,200. Their fair values at the end of 2023 were as follows: Anderson $51,580; Munter $569,900; and King $255,400. In 2024, Bridgeport completed the following transactions: 1. On January 15 , sold 2,520 Anderson common shares at $28 per share less fees of $2,790. 2. On April 17, purchased 1,460 Castle Ltd. common shares at $33.20 per share plus fees of $1,700. The company adds transaction costs to the cost of acquired investments and deducts them from cash received on the sale of investments. On December 31, 2024, the fair values per share of the securities were as follows: Munter $56; King \$16; and Castle $24. Bridgeport's accounting supervisor tells you that all these securities have fair values that can be readily determined, but the company is not likely to actively trade them.Management accounts for them using the FV-OCI method without recycling. Any gains or losses are reclassified to Retained Earnings on disposition of the investment. Ignore income taxes. (a) Prepare the entries for the sale of the Anderson investment on January 15, 2024. (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 0 for the amounts. List all debit entries before credit entries.) Prepare the entries for the sale of the Anderson investment on January 15, 2024. (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 0 for the amounts. List all debit entries before credit entries.) Indicate how all amounts will be reported on Culver's statement of financial position and statement of comprehensive income, and the changes in the accumulated other comprehensive income portion of the statement of changes in equity for 2024. (If an amount reduces the account balance then enter with negative sign.) Culver Corp. Statement of Comprehensive Income For the Year Ended December 31, 2024 Net Income / (Loss) (Including any Dividend Income on Shares) Other Comprehensive Income Items that will not be reclassified to net income: Holding Gains on FV-OCI Investments during year Comprehensive Income Culver Corp. Statement of Changes in Accumulated Other Comprehensive Income For the Year Ended December 31, 2024 Culver Corp. Statement of Changes in Accumulated Other Comprehensive Income For the Year Ended December 31, 2024 Accumulated Other Comprehensive Income / (Loss), January 1, 2024 Other Comprehensive Income, 2024 Reclassification to Retained Earnings Accumulated Other Comprehensive Income / (Loss), December 31, 2024