Please Help with the Amounts

Pina Colada Corp. prepares financial statements annually on December 31, its fiscal year end. The company follows IFRS. At December 31, 2020, the company has the account Investments in its general ledger, containing the following debits for investment purchases, and no credits: Feb. 1 ,2020 $ 37.600 April 1 100,000 Chiang Corp.common shares, no par value, 200 shares Government of Canada bonds, 6%, due April 1, 2030, interest payable April 1 and October 1, 100 bonds of $1,000 par value each Monet Corp. 12% bonds, par $53,000, dated March 1, 2020, purchased at 108 plus accrued interest to yield 11%, interest payable annually on March 1, due on March 1, 2037 $63,000, six-month non-interest-bearing note that matures on May 1, 2021, bought to yield July 1 59,360 Nov. 1 60.000 10% The fair values of the individual securities on December 31, 2020, were: $ Chiang Corp.common shares (active stock market price) Government of Canada bonds Monet Corp. bonds Note receivable 33,500 105,300 61,000 62,050 Prepare the entries necessary to correct any errors in the Investments account, assuming that the Government of Canada bonds were being managed for their yield to maturity, and that the Monet bonds were acquired with the hope of gaining from falling interest rates. The Chiang Corp. shares were acquired with the hope of ensuring the supply of raw materials from this company in the future. Pina Colada tracks interest income for all debt investments. (Round answers to O decimal places, e.g. 5,275. 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 Ofor the amounts.) Account Titles and Explanation Debit Credit Interest Receivable FV-OCI Investments Bond Investment at Amortized Cost FV-NI Investments Note Investment at Amortized Cost Investments Prepare the entries required to record any accrued interest, amortization of any premium or discount, and recognition of fair values on December 31, 2020. (Round answer to 0 decimal places, e.g. 5,275. 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 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Interest Receivable Note Investment at Amortized Cost Interest Income (To record accrued interest) Unrealized Gain or Loss - OCI Dec. 31 FV-NI Investments Investment Income or Loss FV-OCI Investments (To record fair value adjustment) During 2021, the following transactions took 1. 2. The note was sold on February 1, 2021, for $62,515. The Government of Canada bonds were sold on July 1, 2021, for $106,750 plus accrued interest. Prepare entries to record these transactions. (Round answer to decimal places, e.g. 5,275. 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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Feb. 1 Note Investment at Amortized Cost Interest Income (Amortize discount on note receivable) Feb. 1 Cash 62515 Note Investment at Amortized Cost Gain on Disposal of Investments - Cost/Amortized Cost (Sale of note receivable) July. 1 Cash Bond Investment at Amortized Cost Interest Income Gain on Disposal of Investments - Cost/Amortized Cost (To record sale of bonds) Using the information from parts (a) and (b), assume that the note was not sold on February 1, 2021, but instead was held until it matured. Provide the proper entry to record the disposal of the note at maturity. (Round answer to 0 decimal places, e.g. 5,275. 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.) Date Account Titles and Explanation Debit Credit May 1 Note Investment at Amortized Cost Interest Income (To record accrued interest earned) May 1 Cash Note Investment at Amortized Cost (To record maturity of note) e Textbook and Media