Heritage Ltd. was organized on January 2, 2023. The following investment transactions and events occurred duting the following months 2023 Apr. 30 Port declared and pald a cash dividend of $1.30 per shace. Dec. 31 port announced that its profit for 2023 was $550, 000 . Falc yalue of the shares was $12.50 per share. pet. 15 port declared and patd a cash dividend of $0,90 per shart. 7on. 5 Herltage sold ell of its Invertinent in port for 1600 , 600 cash. Assume that Hertzoge has a significant influence over Port with its 20% share Required: 1. Prepare the entries to resord the preceding transactions in Heritage's books. 2. Calculate the carrying value per share of Hernage's investment as reflected in the investment account on January 4, 2025 (Round yout answer to 2 decimal ploces.) 3. Calculate the change in Hertapes equity from January 2, 2023, through January 5, 2025, resulting from its investment in Port