EXAMPLE 5: Financial asset (investment in equity instruments) measured at fair value through OCI Chicky Ltd purchased 2 000 shares in Bottom Line Ltd on 1 March 20.20 at their fair value of R25 per share, and incurred transaction costs of R2 750. The investment in Bottom Line Ltd's shares was irrevocably designated as measured at fair value through other comprehensive income on 1 March 20.20. On 30 September 20.20, Bottom Line Ltd declared and paid out a dividend of R0,85 per share. Bottom Line Ltd's shares were trading at R27,50 per share on 31 December 20.20. REQUIRED a) Prepare all the journal entries relating to the investment in Bottom Line Ltd, for the financial year ending 31 December 20.20. b) Prepare all the journal entries relating to the investment in Bottom Line Ltd for the financial year ending 31 December 20.20, assuming Chicky Ltd had not made the irrevocable decision to measure the investment at fair value through other comprehensive income. Ignore tax in both scenarios.