Johnson Inc.'s non-strategic investment portfolio at December 31, 2022. consisted of the following: Ine tair 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 1,150 common shares of Young Inc. for $55,200. Johnson Inc. planned to hold these shares for less than one year. Mar. 3 Purchased 5,800 common shares of Allen Corp. for $348,000. The shares represent a 308 ownership in Allen corp. June 7 Received dividends from Allen Corp. at the rate of $3.30 per share. Aug.14 Sold the remaining Young Inc. shares at $32.30. Nov. 28 Purchased a 58 ownership in Davis Corp. by acquiring 10,800 common shares at a total of $96,120. Johnson Ine. Dec. 30 Sold 10,800 shares of Xavier Corporation for $172,800. Dec.31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Dec. 30 sold 10,800 shares of Xavier Corporation for $172,800. Dec.31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Journal entry worksheet Note: Enter debits before credits. will sell tnese snares in six to nine montns. Dec. 30 Sold 10,800 shares of Xavier Corporation for $172,800. Dec.31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Journal entry worksheet Record the purchase of 30% interest for $348,000. Note: Enter debits before credits. will sell these snares in sx to nne months. Dec. 30 Sold 10,800 shares of Xavier Corporation for $172,800. Dec.31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Journal entry worksheet Record the collection of dividends from strategic investment. Note: Enter debits before credits. Sold 10,800 shares of Xavier Corporation for $172,800. Required: Journalize the above transactions. Journal entry worksheet Note: Enter debits before credits. Wil sel1 tnese snares in sx to nine montns. Dec.30 Sold 10,800 shares of Xavier Corporation for $172,800. Dec. 31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Journal entry worksheet Required: Journalize the above transactions. Journal entry worksheet Dec. 30 Sold 10,800 shares of Xavier Corporation for $172,800. Dec.31 Allen Corp. announced a net profit of $284,000 for the year. Required: Journalize the above transactions. Journal entry worksheet Record the share of profits in investment in associate. Note: Enter debits before credits. Analysis Component: Assume the Allen Corp. Shares were sold on January 16,2024 , for $372,000. Calculate the investment income or loss and select whether it is unrealized/realized