Current Attempt in Progress

Pina Colada Corporation had the following portfolio of investments at December $31,2023,$ that qualified and were accounted for

using the FV$-$OCl method:

Early in $2024,$ Pina Colada sold all the Frank shares for $$16$ per share, less a $1\%$ commission on the sale. On December $31,2024,$ Pina

Colada's portfolio consists of the following common shares:

Assume that Pina Colada reports net income of $$159,300$ for its year ended December $31,2024,$ and that the company follows a

policy of capitalizing transaction costs. Realized gains and losses on equity imvestments are reclassified from accumulated other

comprehensive income directly to retained earnings.

$($a$)$

What should be reported on Pina Colada's December $31,2023$ statement of financial position for this long$-$term portfolio? $($Enter

negative amounts using either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$

Pina Colada Corporation

Statement of Financial Position

As at December $31,2023$

Investments, at Falr Value with Galns and Losses in OCl