Darlene Inc, purchased 21,800 common shares (20%) of Carlyle Litd. on January 1, Year 4 , for $283,400. It did not have significant influence over Carlyle. It elected to classify the investment as fair value through OCI. On September 30 , Yeat 5 , Darlene obtained significant influence when there was a restructuring of the Board of Directors. Accordingly. Darlene adopted the equity method on a prospective basts: Additional information on Carlyle for the two years ending December 31. Year 5 , is as follows: On January 1, Year 6, Darlene sold its investment in Carlyle for $327,000. Required: (a) Calculate the balance in the investment account at the end of each period. (Omit $ sign in your response.) (b) Calculate the profit and OCl to be reported each period. (Omit s sign in your response.) (c) Prepare the journal entries for the sale of the shares and the transfer of OCI to retained earnings on January 1, Year 6 . (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)