Ballieu Corporation, an IFRS reporter, purchased an equity investment in Brock Zu, Ltd. on December 15 for $103,000. Ballieu accounts for the investment as a fair value through other comprehensive income investment because the corporation does not intend to trade it nor is holding it as contingent consideration. The fair value of the investment is estimated at $106,000 on December 31. The investment is sold on June 22 of the next year for $119,000. Requirement Prepare the journal entries to record the purchase and sale of the investment assuming Ballieu is an IFRS reporter. (Abbreviations used: FVOCI = Fair value through other comprehensive income. Assume that there are no other securitities in this portfolio. Record debits first, then credits. Exclude explanations from any journal entries.) CERE Prepare the journal entry to record the purchase f the equity investment on December 15 of the current year. December 15, Account Current Year Prepare the journal entry required to record the fair value adjustment at December 31. December 31, Account Current Year Prepare the journal entry for the sale of the equity investment on June 22 of the following year. June 22, Account Following Year