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Harriet Ltd was organized on January 1 2020. The following investment transactions and events occurred during the year 2020 Jan 6 Harriet paid $450,200 for 50.000 shares of Portines outstanding common shares. Port Inch 253000 common shares outstanding Apr 30 Port declared and paid a total cash dividend of 5305.000 Dec 31 Port announced that its profit for 2020 was $515.000. Fair value of the shares on DOC WAS $12.40 per shore 2021 loct 15 Port declared and paid a cash dividend of 50 92 per share Dec 31 Port announced that its profit for 2021 was $682,000 Fair value of the shares on Dec 31 was $1278 per share 2022 Harriet sold all of its investment in Port for $701,000 cash Required a) Provide the entries to record the preceding transactions on Hamlet's books for all 3 years. Round to the entert dollen b) What is the carrying value of the Port investment at January 1 20227 Show calculation Dan 1 Short Answer Toolbat navigation