Investment During 2021, Creative purchased 6,000 Royal Bank shares for $31 per share (total $186,000). Creative designated 50% of Royal Bank shares as FVPL while irrevocably elected to record the remaining 50% as fair value changes through OCI. Creative held these shares until October 2023, when it sold them for $36 per share. During these three years, Royal Bank paid dividends of $1 per share on each November 31. On Creative' fiscal year end at December 31, Royal Bank shares closed at $34, $29 and $38 in 2021, 2022 and 2023 respectively. However, Creative has always recorded its share price at $31 at every fiscal year. At year end December 31, 2023, Creative has decided to enter negotiations to sell the business, in order to capitalize on the tech boom in the post- secondary education industry. Avenir Co. is a prospective buyer. As a preliminary step, Avenir Co. has hired your auditing company to conduct an initial evaluation of Creative financial transactions. Avenir Co. follows the IFRS framework.