Exerclse 12-18 Equity investments; fair value through net income [LO12-4] The investments of Harlon Enterprises included the following cost and fair value amounts: ($in millions) Equity Investments A Corporation shares B Corporation shares C Corporation shares D Industries shares Fair Value, Dec. 31 Cost 2018 2819 28 18 na $ 45 43 43 19 18 na 4 50 54 Totals $139 $111 $117 Harlon accounts for its equity investment portfolio at fair value through net income. Harlon sold its holdings of A Corporation shares on June 1, 2019, for $19 million. On September 12, it purchased the C Corporation shares. Requlred: 1. What is the effect of the sale of the A Corporation shares and the purchase of the C Corporation shares on Harlon's 2019 pretax earnings? 2. At what amount should Harion's securities equity investment portfolio be reported in its 2019 balance sheet? (For all requirements, enter your enswers In mllions, (l., 10,000,000 shouldl be entered as 10).) million 2 Amount million