Polska Corporation owns a subsidiary in a foreign country that has a book value of $5,906,000 and an estimated fair value of $9,612,000. The foreign government has communicated to Polska its intention to expropriate the assets and business of all foreign investors. On the basis of settlements other firms have received from this same country, Polska expects to receive 30% of the fair value of its properties as final settlement Prepare the journal entries that should be recorded as of December 31, 2014, to recognize each of the situations above