Company ABC purchased 1,000 shares of XYZ Corporation on January 1, 2022 for $15 per share. On June 30, 2022, the fair value of the shares had increased to $18 per share. On December 31, 2022, the fair value had further increased to $20 per share. The company plans to hold the investment for the long-term.

a) Calculate the gain or loss that would be recognized if the company sold the shares on December 31, 2022.
b) Calculate the unrealized gain or loss that would be reported on the company's balance sheet as of December 31, 2022.
c) If the company had chosen to use the equity method to account for its investment in XYZ Corporation, what would be the journal entry to record the change in fair value on December 31, 2022?
d) If the company had chosen to use the fair value through other comprehensive income (FVOCI) method to account for its investment in XYZ Corporation, what would be the journal entry to record the change in fair value on December 31, 2022?

Show all calculations and round to the nearest cent.