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Assume Postage People Company completed these long-term available-for sale investment transactions and recorded the folowing journal entries during 2016: EEB Cilick the icon to view the transactions) (Click the icon to view the journal entries) On May 21,2017, Postage People Company sold its investment in Robotics Co. stock for $28 per share 1. Journalize the sale. No explanation is required 2. How does the gain or loss that you recorded here differ from the gain or loss that was recorded at December 31,2016? 1. Journalize the sale. No explanation is required. (Abbreviation used. AFSS - available-for sale securities. Record debits first, then credits. Exclude explanations from any journal entries. If a journal entry is not required, select 'No entry required" in the first cell and leave the remaining cells blank) First, prepare the jourmal entry to record any necessary eliminations Accounts May 21 2. How does the gain or loss that you recorded here differ from the gain or loss that was recorded at December 31,2016? because it resulted from a change in the This gain on sale of investment is a) investments market value and not from the sale of the investment v .The loss recorded at December 31,2016, was