On February 15, 2023, Lakefront Corp, with a year-end of December 31, purchased 325,000 of the voting common shares in Ski Boat C0, for $2,800,000. Ski Boat CO. is a key customer of Lakefront Corr, and the total voting common shares issued and outstanding by Ski Boat CO. On February 15,2023 were 1,000,000. On Ski Boats' year-end June 30,2023 , their total profit was $980,000, and they paid a total cash dividend to all common shareholders of $375,000. The payment date was June 30,2023. Januarr 1, 2023, Lakefront Corp purchased common shares of Pontoon inc, for $220,000 to hold as a short-term trading investment On December 31,2023 , this investment now has a market value of $235,000. On June 1,2024 Lakefront sells their Pontoon shares for $ On October 1, 2023, Lakefront Corp invested in common shares of RV Inc, purchasing 50,000 225,000 . shares for $6.75 per share; this purchase represented 1% of total shares issued and outstanding for RV Inc. Management elected to use FVOCl, RV declared and paid a total of $100,000 in dividends in 2023 and shares were trading for $6.93 per share on December 31 . 2023. Lakefront Corp's tax rate is 35%. Required: 1) Prepare all appropriate journal entries for Lakefront Corp for 2023 includiing journal entry explanations and calculations. You can record each investment individually; it doesn't have to be chronological. 2) Prepare a Statement of Comprehensive income for 2023 for Lakefront Corp. Net income for 2023 was $825,000