Please selecet from the below accounts:

Accumulated Other Comprehensive Income

Allowance for Investment Impairment

Bond Investment at Amortized Cost

Cash

Commission Expense

Dividends Receivable

Dividend Revenue

FV-NI Investments

FV-OC|Investments

Gain on Disposal of Investments - FV-NI

Gain on Disposal of Investments - FV-OCI

Gain on Sale of Investments

GST Receivable

Interest Expense

Interest Income

Interest Payable

Interest Receivable

Investment in Associate

Investment Income or Loss

Loss on Discontinued Operations

Loss on Disposal of Investments FV-NI

Loss on Disposal of Investments FV-OCI

Loss on Impairment

Loss on Sale of Investments

No Entry

Note Investment at Amortized Cost

Other Investments

Recovery of Loss from Impairment

Retained Earnings

Unrealized Gain or Loss

Unrealized Gain or Loss - OCI

On January 3, 2023, Grouper Limited purchased 3,700 (37\%) of the common shares of Sonja Corp. for $548,950. The following information is provided about the identifiable assets and liabilities of Sonja at the date of acquisition: During 2023 , Sonja reported the following information on its statement of comprehensive income: Assume that the 37% interest is enough to make Sonja an associate of Grouper, and that Grouper is required to apply IFRS for its financial reporting. The fair value of Sonja's shares at December 31, 2023, is $150 per share. (a) Your answer is correct. Prepare the journal entry to record Grouper's purchase of the Sonja shares on January 3, 2023. (Hint: Any unexplained payment represents unrecognized goodwill of Sonja.) (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. List debit entry before credit entry.) t