Null Corp provided the following information: Null owns 3,000 shares of ABC which were purchased at $46 per share and 1,000 shares of XYZ which were purchased at $65 per share. 

As of 12/31/X3 ABC had issued 10,000 shares all of which were outstanding. As of 12/31/X3 XYZ had issued 2,000 shares all of which were outstanding. ABC reported net income of $16,000 and XYZ reported net income of $18,000. 20X4 4/1 Sold 500 share of XYZ at a price of $65 a share less a $150 brokerage fee 6/30 ABC declared and paid $1,400 in dividends. 12/31 ABC is trading at $48 a share and reported a net loss of $3,000 and XYZ is trading at $63 a share and reported net income of $23,000. As of 12/31/X4 ABC has issued 10,000 shares all of which are outstanding. As of 12/31/X4 XYZ has issued 2,000 shares all of which are outstanding. Null must account for the transactions under the equity method. What is reported on the balance sheet on 12/31/X3 for investment in equity securities? 216,800 What is reported on the balance sheet on 12/31/X4 for investment in equity securities? 184,230 Based on the above transactions, what is the impact on Net Income during 20X3? -13,800 

Based on the above transactions, what is the impact on Net Income during 20X4?