Please give solution of question 5.

Johnson Inc.'s non-strategic investment portfolio at December 31, 2022, consisted of the following: *The fair value adjustments were recorded on December 31, 2022. Johnson had no other debt and equity investments at December 31, 2022, other than those shown above. During 2023, Johnson engaged in the following transactions: 2823 June 7 Received dividends from Allen Corp. at the rate of \\( \\$ 4,10 \\) per share. Aug.14 Sold the remaining Young Inc, shares at \\( \\$ 33.10 \\). these shares in six to nine months. Dec. 39 Sold 11,609 shares of Xavier Corporation for \\( \\$ 185,600 \\). Dec. 31 Allen Corp, announced a net profit of \\( \\$ 288,000 \\) for the year. Required: 1 Record the sale of equity investment. 2 Record the purchase of \30 interest for \\( \\$ 396,000 \\). 3 Record the collection of dividends from strategic investment. 4 Record the sale of equity investment. 5 Record the purchase of 11,600 shares. 6 Record the sale of 11,600 shares. 7 Record the share of profits in investment in associate. Note : \\( = \\) journal entry has been entered Analysis Component: Assume the Allen Corp. shares were sold on January 16, 2024, for \\( \\$ 380,000 \\). Calculate the investment income or loss and select Whether it is unrealized/realized