On January $1,2021,$ Bramble Ltd$.$ paid $$387,293\mathrm{.}66$ for $12\%$ bonds of Variation Ltd$.$ with a maturity value of $$360,000.$ The bonds provide the bondholders with a $10\%$ yield. They are dated January $1,2021,$ mature on January $1,2026,$ and pay Interest each December $31.$ Bramble acquired the bond investment as part of its portfolio of trading securities and it accounts for the bonds at FV$-$NI$,$ following IFRS. At December $31,2021,$ Bramble's year end, the bonds had a fair value of $$384,800\mathrm{.}00.$

During $2022,$ the economic outlook related to Variation's primary business took a major downtum, so that Variation's debt was downgraded, By the end of $2022,$ the bands were priced at $85\mathrm{.}5,$ and at December $31,2023,$ they were selling in the market at $87.$ Conditions reversed in $2024$ and the outlook for Variation significantly improved, leaving its bonds with a fair value of $99\mathrm{.}5$ at December $31.2024$

Prepare all entries required for $2022,$ including recognition of the impairment in value if necessary, and for $2023.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to $2$ decimal places, eg$.52\mathrm{.}75.)$