Johnson Inc.s non-strategic investment portfolio at December 31, 2019, consisted of the following:

Debt and Equity Investments*	Cost				Fair Value
10,200 Xavier Corp. common shares	$	166,770				$	147,900
1,350 Young Inc. common shares		70,200					66,960
122,000 Zed Corp. common shares		40,600					36,200

*The fair value adjustments were recorded on December 31, 2019. Johnson had no other debt and equity investments at December 31, 2019, other than those shown above. During 2020, Johnson engaged in the following transactions:

2020
Jan.	17		Sold 850 common shares of Young Inc. for $40,800. Johnson Inc. planned to hold these shares for less than one year.
Mar.	3		Purchased 5,200 common shares of Allen Corp. for $312,000. The shares represent a 30% ownership in Allen Corp.
June	7		Received dividends from Allen Corp. at the rate of $2.70 per share.
Aug.	14		Sold the remaining Young Inc. shares at $31.70.
Nov.	28		Purchased a 5% ownership in Davis Corp. by acquiring 10,200 common shares at a total of $90,780. Johnson Inc. will sell these shares in six to nine months.
Dec.	30		Sold 10,200 shares of Xavier Corporation for $163,200.
Dec.	31		Allen Corp. announced a net profit of $281,000 for the year.

Required: Journalize the above transactions.

Analysis Component: Assume the Allen Corp. shares were sold on January 16, 2021, for $366,000. Calculate the investment income or loss and select whether it is unrealized/realized?