P10-23B (book/static) Question Help * The beginning balance sheet of Text Source Co included a $700,000 investment in Taylor stock 20% ownership investment transactions: During the year, Text Source completed the following (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions for the year of Text Source. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining cells blank.) Mar. 3: Purchased 5,000 shares at $13 per share of Josh Software common stock as a long-term equity investment, representing 3% ownership, no significant influence Date Accounts and Explanation Debit Credit Mar. 3 Mar. 3 Purchased 5,000 shares at $13 per share of Josh Software common stock as a long-term equity investment, representing 3% ownership, no significant influence. Received a cash dividend of $O.69 per share on the Josh investment. Received a cash dividend of $100,000 from Taylor investment. May Dec. 15 15 31 Received Taylor's annual report showing $100,000 of net income. 31 Received Josh's annual report showing $620,000 of net income for the year. 31 Taylor's stock fair value at year-end was $620,000. 31 Josh's common stock fair value at year-end was $14 per share. 1 Requirements 1. Journalize the transactions for the year of Text Source. 2. Post transactions to T-accounts to determine the December 31, 2018, balances related to the investment and investment income accounts. Prepare Text Source's partial balance sheet at December 31, 2018, from your answers in Requirement 2. 3. 4. Where is the unrealized holding gain or loss associated with the Josh stock reported