Johnson Inc.s non$-$strategic investment portfolio at December $31,2022,$ consisted of the following: Debt and Equity Investments$*$Cost Fair Value $10,300$ Xavier Corp. common shares$$168,405$ $$149,3501,400$ Young Inc. common shares $72,80069,440123,000$ Zed Corp. common shares $40,90036,500*$The fair value adjustments were recorded on December $31,2022.$Johnson had no other debt and equity investments at December $31,2022,$ other than those shown above. During $2023,$ Johnson engaged in the following transactions: $2023$ Jan$\mathrm{.}17$ Sold $900$ common shares of Young Inc. for $$43,200.$ Johnson Inc. planned to hold these shares for less than one year.Mar$\mathrm{.}3$ Purchased $5,300$ common shares of Allen Corp. for $$318,000.$ The shares represent a $30\%$ ownership in Allen Corp.June$7$ Received dividends from Allen Corp. at the rate of $$2\mathrm{.}80$ per share.Aug$\mathrm{.}14$ Sold the remaining Young Inc. shares at $$31\mathrm{.}80.$Nov$\mathrm{.}28$ Purchased a $5\%$ ownership in Davis Corp. by acquiring $10,300$ common shares at a total of $$91,670.$ Johnson Inc. will sell these shares in six to nine months.Dec$\mathrm{.}30$ Sold $10,300$ shares of Xavier Corporation for $$164,800.$Dec$\mathrm{.}31$ Allen Corp. announced a net profit of $$281,500$ for the year.Required:Journalize the above transactions.Analysis Component:Assume the Allen Corp. shares were sold on January $16,2024,$ for $$367,000.$ Calculate the investment income or loss and select whether it is unrealized$/$realized$?$