Johnson inc's non-strategic investment portfolio at December 31, 2022, consisted of the following: "The fair value adjustments were recorded on December 31,2022. Johnson had no other debt and equity imvestments at December 31, 2022, other than those shown above. Duting 2023, Johnson engaged in the following transactions: 2023 Jas.17 sold 1,350 comon shares of Young Inc. for \$6A, Hoe, Johnson Inc. planned to hold these shares for Less than one yeae. Mar, 3 Purchased 6,200 comaon shares of Allen corp. for $372,000. the shares represent a 30x ownterahip in Allen corp. June 7 geceived dividends from Allen Corp. at the rate of 53.70 per share. Aug. 14 sold the renaining Young Inc. shares at 32,79. Aug. 14 Sold the Fenaining YoGing Inc. shares at 512,70 . these shares in six to aine months. Dec.39 5oId 11,2e0 shares of Xavier Corporation for $179,200. Dec. 31 Allen Corp. announced a net profit of 5286,000 for the year. Required: Journaize the above transactions. Required: Journalize the above transactions. Journal entry worksheet Analysis Component: Assume the Allen Corp. shares were sold on January 16, 2024, for $376,000. Calculate the investment income or loss and select whether it is unrealized/realized? Johnson inc's non-strategic investment portfolio at December 31, 2022, consisted of the following: "The fair value adjustments were recorded on December 31,2022. Johnson had no other debt and equity imvestments at December 31, 2022, other than those shown above. Duting 2023, Johnson engaged in the following transactions: 2023 Jas.17 sold 1,350 comon shares of Young Inc. for \$6A, Hoe, Johnson Inc. planned to hold these shares for Less than one yeae. Mar, 3 Purchased 6,200 comaon shares of Allen corp. for $372,000. the shares represent a 30x ownterahip in Allen corp. June 7 geceived dividends from Allen Corp. at the rate of 53.70 per share. Aug. 14 sold the renaining Young Inc. shares at 32,79. Aug. 14 Sold the Fenaining YoGing Inc. shares at 512,70 . these shares in six to aine months. Dec.39 5oId 11,2e0 shares of Xavier Corporation for $179,200. Dec. 31 Allen Corp. announced a net profit of 5286,000 for the year. Required: Journaize the above transactions. Required: Journalize the above transactions. Journal entry worksheet Analysis Component: Assume the Allen Corp. shares were sold on January 16, 2024, for $376,000. Calculate the investment income or loss and select whether it is unrealized/realized