Grouper Inc. follows IFRS. Grouper holds a variety of investments, some of which are accounted for at fair value through net income and some of which are accounted for at fair value through other comprehensive income. On January 1,2023, the beginning of the fiscal year, Grouper's accounts and records include the following information: Market values for the FV-NI investments and FV-OCl investments at December 31,2023 , were $62,100 and $77,900, respectively. Computers that are used to track investment performance were purchased during 2023 for $20,000. For tax purposes, assume the computers are in Class 10 with a CCA rate of 30% [assume the Accelerated Inwestment Incentive applies for these computers). Depreciation expense for the year was $4,000. Grouper recorded meals and entertainment expenses of $25,800 related to "wining and dining" clients. The CRA allows 50\% of these costs as a deductible business expense. Grouper's income before income tax for 2023 is $118,000. This amount does not include any entries to adjust investments to market values at December 31, 2023. Grouper's tax rate for 2023 is 25\%, although changes enacted in tax legislation before December 31, 2023, will result in an increase in this rate to 30% for 2024 and subsequent taxation years. Assume that these rates apply to all income that is reported. There were no deferred tax accounts at January 1,2023. (a) Prepare journal entries to reflect the difference between the carrying amount and market value for the above irvestments at Grouper's year end of December 31, 2023. [List all debit entries before credit entries. Credirt account titles are automatically indented when the amount is entered. Do mot indent manually. If mo entry is required, select "No Entry" for the account titlles and enter 0 for the ambunts.)