Johnson Inc.s non-strategic investment portfolio at December 31, 2022, consisted of the following:

Debt and Equity Investments*	Cost				Fair Value
11,100 Xavier Corp. common shares	$	181,485				$	160,950
1,800 Young Inc. common shares		93,600					89,280
131,000 Zed Corp. common shares		43,300					38,900

*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.	17		Sold 1,300 common shares of Young Inc. for $62,400. Johnson Inc. planned to hold these shares for less than one year.
Mar.	3		Purchased 6,100 common shares of Allen Corp. for $366,000. The shares represent a 30% ownership in Allen Corp.
June	7		Received dividends from Allen Corp. at the rate of $3.60 per share.
Aug.	14		Sold the remaining Young Inc. shares at $32.60.
Nov.	28		Purchased a 5% ownership in Davis Corp. by acquiring 11,100 common shares at a total of $98,790. Johnson Inc. will sell these shares in six to nine months.
Dec.	30		Sold 11,100 shares of Xavier Corporation for $177,600.
Dec.	31		Allen Corp. announced a net profit of $285,500 for the year.

Required: Journalize the above transactions.

Analysis Component: Assume the Allen Corp. shares were sold on January 16, 2024, for $375,000. Calculate the investment income or loss and select whether it is unrealized/realized?