Blue Spruce Ltd. had the following investment portfolio at January 1, 2020: Investment Quantity Earl Corp. 960 Josie Corp. 920 Asher Corp. 500 Cost per Share $15.10 20.10 9.90 Fair Value at Dec. 31, 2019 $12.40 17.40 7.30 During 2020, the following transactions took place: 1. On March 1, Josie Corp. paid a $2 per share dividend. 2. On April 30, Blue Spruce sold 300 shares of Asher Corp. for $10.10 per share. 3. On May 15, Blue Spruce purchased 200 more Earl Corp. shares at $16.10 per share. 4. At December 31, 2020, the shares had the following market prices per share: Earl Corp. $17.10; Josie Corp. $19.10; and Asher Corp. $8.10. During 2021, the following transactions took place: 5. On February 1, Blue Spruce sold the remaining Asher Corp. shares for $7.10 per share. 6. On March 1, Josie Corp. paid a $2 per share dividend. 7. On December 21, Earl Corp. declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31, 2021, the shares had the following market prices per share: Earl Corp. $19.10 and Josie Corp. $21.10. Your answer is partially correct. Try again. Assuming that Blue Spruce Ltd. is a publicly accountable enterprise that accounts for its investment portfolio at FV-OCI (with no recycling to net income), prepare journal entries to record all of the 2020 and 2021 transactions and year-end events. (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 o for the amounts. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation 2020 Mar. 1 cash Dividend Revenue 60 TApr. 30 TFV-OCI Investments TInrealized Gain or loss - OCI Apr. 30 FV-OCI Investments TUnrealized Gain or Loss - OCI (To adjust to fair value at date of disposal) Papr. 30 tash Unrealized Gain or Loss - (To record disposal) Apr. 30 Accumulated Other Comprehensive Income 2970 Retained Earnings (To reclassify holding gain) May 15 TFV-OCI Investments tash Dec. 31 FV-OCI Investments 11176 Unrealized Gain or Loss - OCI 2021 Feb. 1 FV-OCI Investments Investment Income or Los (To adjust to fair value at date of disposal) Feb. 1 tash TUnrealized Gain or Loss - (To record disposal) Feb. Iiketained Earnings Feb. itash Unrealized Gain or Loss - (To record disposal) Feb. 1 Retained Earnings 6976 TAccumulated Other Comprehensive Income (To reclassify holding loss) Mar. 1 tash Dividend Revenue Dec. 21 Dividends Receivable Investment in Associate Dec. 31 7V-OCI Investments Unrealized Gain or Loss - OCI