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Can I get help filling this in? Elanor Company has the following investments as of December 31, 2021: Investments in stock of Luck Company $1,500,000

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Elanor Company has the following investments as of December 31, 2021: Investments in stock of Luck Company $1,500,000 Investment if debt securities of TriplePlay Company $3,300,000 The carrying value and fair value of both investments are the same at December 31, 2021. Elanor's investment in Luck does not result in significant influence and the debt investment is classified as held-tomaturity. At December 31,2022 , the shares in Luck are valued at $1,100,000 and the debt investment of TriplePlay is valued at $2,500,000. Both are considered impaired. a) Prepare the iournal entries to record the impairments of the investments at 12/31/22. b) What is the new cost basis of the debt investment? If the fair value of the debt investment is $2,950,00 the end of 2023, what entry, if any, should be recorded in 2023? If no entry, please explain. c) Assuming, at end of 2023, the fair value of the Luck shares is $1,400,000. What entry, if any, should be recorded in 2023

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