-for the statement of comprehensive income, the "reclassification adjustment for realized loss transferred to retained earnings" account is incorrect and so are the amounts in that table

-in the statement of changed in accumulated OCI, "net income/ (loss)" account is incorrect. all amounts in that table are incorrect accept the first row i.e -6940 and 890

Sheffield Ltd. had the following investment portfolio at January 1, 2020: Fair Value at Dec. 31, 2019 Investment Quantity Cost per Share Earl Corp. 910 $15.40 $12.10 Josie Corp. 890 20.40 17.10 Asher Corp. 500 9.60 7.60 During 2020, the following transactions took place: 1. On March 1, Josie Corp. paid a $2 per share dividend. 2. On April 30, Sheffield sold 300 shares of Asher Corp. for $10.40 per share. 3. On May 15, Sheffield purchased 200 more Earl Corp. shares at $16.40 per share. 4. At December 31, 2020, the shares had the following market prices per share: Earl Corp. $17.40; Josie Corp. $19.40; and Asher Corp. $8.40. During 2021, the following transactions took place: 5. On February 1, Sheffield sold the remaining Asher Corp. shares for $7.40 per share. 6. On March 1, Josie Corp. paid a $2 per share dividend. 7. On December 21, Earl Corp. declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31, 2021, the shares had the following market prices per share: Earl Corp. $19.40 and Josie Corp. $21.40. (b) Prepare the relevant parts of Sheffield Ltd's 2021 and 2020 comparative statements of financial position, statements of comprehensive income, and statements of changes in equity (accumulated other comprehensive income portion), and income statement where applicable, to show how the investments and related accounts are reported. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sheffield Ltd. Statement of Financial Position 2020 2021 Long-Term Investments Investments, at Fair Value with Gains and Losses in OCI $ 38,260 $ 40,580 Shareholders' Equity Retained Earnings $ 240 $ Accumulated other Comprehensive Income Sheffield Ltd. Statement of Comprehensive Income 2020 Net Income /(Loss) (Includes Dividend Revenue) $X Other Comprehensive Income Items that may not be reclassified subsequently to net income Reclassification adjustment for realized Loss transferred to Retained Earnings $ $ Comprehensive Income $X+ $X+ Sheffield Ltd. Statement of Comprehensive Income 2020 2021 $X $X $X+ $X+ Sheffield Ltd. Statement of Changes in Accumulated Other Comprehensive Income 2020 2021 Accumulated other Comprehensive Income /(Loss), January 1 $ $ Net Income /(Loss) Other Comprehensive Income /(Loss) Accumulated other Comprehensive Income /(Loss), December 31