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Help me find the answer please with complete steps. thankyouu HOMEWORK (Equity Investments) Messi Holdings, Inc. had the following investment portfolio at January 1, 2021.

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Help me find the answer please with complete steps. thankyouu

HOMEWORK (Equity Investments) Messi Holdings, Inc. had the following investment portfolio at January 1, 2021. Ronaldo Company 1,250 shares @ $23 each $28,750 Paul Company 700 shares @ $27 each 18,900 Ozil Company 850 shares @ $24 each 20,400 Trading investment @ cost 68,050 Securities fair value adjustment (11,400) Trading investment @ fair value 56,650 During 2021, the following transactions took place. 1. On March 1, Paul Company paid a $2.3 per share dividend. 2. On March 31, Messi Holdings, Inc. sold 400 shares of Ozil Company for $22 per share. 3. On July 15, Messi Holdings, Inc. purchased 300 more shares of Ronaldo Co. at $24 per share. 4. At December 31, 2021, the shares had the following price per share values: Ronaldo $28, Paul $25, and Ozil $26. During 2022, the following transactions took place. 5. On February 1, Messi Inc. sold the remaining Ozil shares for $14 per share. 6. On June 1, Paul Company paid a $3.5 per share dividend. 7. On December 11, Ronaldo Company declared a cash dividend of $4.2 per share to be paid in the next month. 8. At December 31, 2021, the shares had the following price per shares values: Ronaldo $26 and Paul $34. Instructions: (a) Prepare journal entries for each of the above transactions. (b) Prepare a partial statement of financial position showing the Investments account at December 31, 2021 and 2022

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