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Huskies Co. follows IFRS and has a December 31 year end. Huskies has the following information concerning its investments held at December 31, 2020: 1)

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Huskies Co. follows IFRS and has a December 31 year end. Huskies has the following information concerning its investments held at December 31, 2020: 1) Purchased shares of HRS Co. for $12,000 on Jan 1, 2019 plus $200 of transaction costs. The investment is accounted for using the fair value through net income (FV-NI) method. 2) Purchased shares of Laing Co. for $5,000 on Feb 2, 2019 plus $200 of transaction costs. The investment is accounted for using the fair value through other comprehensive income (FV-OCI) method. Details of the investments in 2019 & 2020 follows: HRS Co. Laing 2019 2020 2019 2020 Dividends declared & paid $450 $200 $225 $195 Fair Value at Dec 31 $9,850 $10,300 $5,260 $4,680 None of the investments were considered impaired. On February 1, 2021, Huskies sells all of its investments: 1) HRS Co. is sold for $10,350. 2) Laing Co. is sold for $4,870 Required: a) Prepare all journal entries for Hinshaw relating to the HRS Co. investment for 2019 & 2020 & 2021. b) Prepare all journal entries for Hinshaw relating to the Laing Co. investment for 2019 & 2020 & 2021. c) Ignoring tax impacts: D) Show the effect of the investments (accounts and amounts) on Huskies Co. Statement of Comprehensive income for the years ended December 31, 2019, 2020, & 2021. ii) Show Huskies Co. Classified Statement of Financial Position on December 31, 2020 for: All investment assets - accounts and amounts - All equity accounts - accounts and amounts (Equity accounts will show the cumulative impact on the accounts for both years)

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