PLEASE ANSWER ASAP. THANK YOU

At December 31, 2023, the equity investments of GBC Inc. that were accounted for using the FV-OCI model without recycling were as follows: Investment A B C Cost and Carrying Amount 175200 121500 73000 Fair Value 150000 140600 75500 Unrealized Gain (Loss) 25200 19100 2500 Because of a change in relationship with A, GBC sold its investment in A for $153,300 on January 20, 2024. No other investments were acquired or sold during 2024; however, a dividend of $1,300 was received from B in June. At December 31, 2024, the fair values of B and C shares were $153,750 and $72,600, respectively. Instructions 1 Prepare the entry(ies) to adjust the portfolio of investments to fair value at December 31, 2023. 4 Prepare the journal entries for the 2024 sale of the investment in A, including reclassifying holding gains or losses to retained earnings and for the dividend received from B. 5 Prepare the journal entry(ies) required at December 31, 2024, to adjust the investments to fair value. At December 31, 2023, the equity investments of GBC Inc. that were accounted for using the FV-OCI model without recycling were as follows: Investment A B C Cost and Carrying Amount 175200 121500 73000 Fair Value 150000 140600 75500 Unrealized Gain (Loss) 25200 19100 2500 Because of a change in relationship with A, GBC sold its investment in A for $153,300 on January 20, 2024. No other investments were acquired or sold during 2024; however, a dividend of $1,300 was received from B in June. At December 31, 2024, the fair values of B and C shares were $153,750 and $72,600, respectively. Instructions 1 Prepare the entry(ies) to adjust the portfolio of investments to fair value at December 31, 2023. 4 Prepare the journal entries for the 2024 sale of the investment in A, including reclassifying holding gains or losses to retained earnings and for the dividend received from B. 5 Prepare the journal entry(ies) required at December 31, 2024, to adjust the investments to fair value