Darlene Inc. purchased 20,400 common shares (20%) of Carlyle Ltd. on January 1, Year 4, for $265,200. It did not have significant influence over Carlyle. It elected to classify the investment as fair value through OCI. On September 30, Year 5, Darlene obtained significant influence when there was a restructuring of the Board of Directors. Accordingly, Darlene adopted the equity method on a prospective basis.

Additional information on Carlyle for the two years ending December 31, Year 5, is as follows:

Period	Net Income	Dividends Paid	Market Value per Share at end of period
Year 4	$154,000	$94,000	$14.00
Jan.Sept. Year 5	114,000	74,000	14.60
Oct.Dec. Year 5	51,000	21,000	15.00

On January 1, Year 6, Darlene sold its investment in Carlyle for $306,000.

Required:

(a) Calculate the balance in the investment account at the end of each period. (Omit $ sign in your response.)

Period	Investment
Year 4	$
Jan.-Sept. Year 5	$
Oct.-Dec. Year 5	$

(b) Calculate the profit and OCI to be reported each period. (Omit $ sign in your response.)

Period	Profit	OCI
Year 4	$	$
Jan.-Sept. Year 5	$	$
Oct.-Dec. Year 5	$