On December $28,$ Summit purchased Microsoft common shares for $$463,000.$ On December $31,$ the shares had a fair value of

$$466,000.$

How will the initial investment by Summit and the increase in fair value affect the financial statements?

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December $28$

December $31$

On December $28,$ Summit purchased Microsoft common shares for $$463,000.$

Note: Amounts to be deducted should be indicated by a minus sign.