Live Large Inc. had the following transactions involving non$-$strategic investments during $2023.$

$2023$

Apr$\mathrm{.}1$ Paid $$108,000$ to buy a $90-$day term deposit, $$108,000$ principal amount, $6\mathrm{.}5\%,$ dated April $1.$ There was a $$500$ transaction fee included in the above$-$noted payment amount.

Apr$\mathrm{.}12$ Purchased $3,800$ common shares of Blue Balloon Ltd$.$ at $$24\mathrm{.}25.$ The broker charged a $1\mathrm{.}25\%$ transaction fee in addition to the share payment.

Jun. $9$ Purchased $2,600$ common shares of Purple Car Corp. at $$51\mathrm{.}00.$ There was a $$2,000$ transaction fee included in the above$-$noted share payment.

Jul. $3$ Received payment for the principal and accrued interest on the term deposit that matured on June $30($assume no adjusting entries have been made $/$ use months to calculate interest$).$

Jul. $15$ Received a $$0\mathrm{.}95$ per share cash dividend on the Blue Balloon Ltd$.$ common shares.

Jul. $28$ Sold $1,900$ of the Blue Balloon Ltd$.$ common shares at $$28\mathrm{.}00.$

Sep. $6$ Received a $$2\mathrm{.}90$ per share cash dividend on the Purple Car Corp. common shares.

Dec. $15$ Received a $$1\mathrm{.}45$ per share cash dividend on the remaining Blue Balloon Ltd$.$ common shares owned.

Dec. $31$ The fair values of Live Large Inc.$$s investments on this date were Blue Balloon shares, $$25\mathrm{.}40$; Purple Car Corp. shares, $$43\mathrm{.}15$

$2024$

Feb. $16$ Sold the remaining Blue Balloon shares at $$28\mathrm{.}25.$

Required $(1)$: Prepare the journal entries to record the transactions. $($Begin next page$)$

Required $(2)$: What are the various investment related amounts to be reported in the income statement for $2023?$