Prepare the entries for the sale of the Anderson Corp. investment on January 15, 2021. (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
Jan. 15
	(To adjust to fair value at date of disposal)
Jan. 15
	(To record disposal)
Jan. 15
	(To reclassify holding gain)

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Prepare the entry to record the Castle Ltd. share purchase on April 17, 2021. (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
Apr. 17

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Calculate the unrealized gains or losses and prepare any required adjusting entry for Marigold Corp. on December 31, 2021. (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
Dec. 31

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List of Accounts

Indicate how all amounts will be reported on Marigolds statement of financial position and statement of comprehensive income, and the changes in the accumulated other comprehensive income portion of the statement of changes in equity for 2021. (If an amount reduces the account balance then enter with negative sign.)

Marigold Corp. Statement of Financial Position As at December 31, 2021For the Month Ended December 31, 2021For the Year Ended December 31, 2021
Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsProperty, Plant and EquipmentShort-Term InvestmentsShareholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal Liabilities and Shareholders' EquityTotal Property, Plant and EquipmentTotal Shareholders Equity
Accounts PayableAccounts ReceivableAccumulated other Comprehensive Income (Credit)Accumulated other Comprehensive Income (Debit)CashCommon ShareInvestment, at Fair Value without Gains and Losses in OCIInvestments, at Fair Value with Gains and Losses in OCINotes PayableNotes Receivable		$
Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsProperty, Plant and EquipmentShort-Term InvestmentsShareholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal Liabilities and Shareholders' EquityTotal Property, Plant and EquipmentTotal Shareholders Equity
Accounts PayableAccounts ReceivableAccumulated other Comprehensive Income (Credit)Accumulated other Comprehensive Income (Debit)CashCommon ShareInvestment, at Fair Value without Gains and Losses in OCIInvestments, at Fair Value with Gains and Losses in OCINotes PayableNotes Receivable		$

Marigold Corp. Statement of Comprehensive Income As at December 31, 2021For the Month Ended December 31, 2021For the Year Ended December 31, 2021
Comprehensive IncomeGross Profit / (Loss)Net Income / (Loss) (Including any Dividend Income on Shares)Net Income / (Loss) (Not including any Dividend Income on Shares)Operating ExpensesOther Comprehensive Income		$X
Comprehensive IncomeGross Profit / (Loss)Net Income / (Loss) (Including any Dividend Income on Shares)Net Income / (Loss) (Not including any Dividend Income on Shares)Operating ExpensesOther Comprehensive Income
Items that will not be reclassified to net income:
Holding Gains on FV-NI Investments during yearHolding Gains on FV-OCI Investments during yearHolding Loss on FV-NI Investments during yearHolding Loss on FV-OCI Investments during yearReclassification adjustment for realized Gains transferred to Retained EarningsReclassification adjustment for realized Loss transferred to Retained Earnings		$
Comprehensive IncomeGross Profit / (Loss)Net Income / (Loss) (Including any Dividend Income on Shares)Net Income / (Loss) (Not including any Dividend Income on Shares)Operating ExpensesOther Comprehensive Income		$X +

Marigold Corp. Statement of Changes in Accumulated Other Comprehensive Income As at December 31, 2021For the Month Ended December 31, 2021For the Year Ended December 31, 2021
Accumulated other comprehensive income / (Loss), December 31, 2021Accumulated other comprehensive income / (Loss), January 1, 2021Gross Profit / (Loss)Holding Gains on FV-NI Investments during yearHolding Gains on FV-OCI Investments during yearHolding Loss on FV-NI Investments during yearHolding Loss on FV-OCI Investments during yearNet Income / (Loss)Other comprehensive income, 2021Reclassification to retained earnings		$
Accumulated other comprehensive income / (Loss), December 31, 2021Accumulated other comprehensive income / (Loss), January 1, 2021Gross Profit / (Loss)Holding Gains on FV-NI Investments during yearHolding Gains on FV-OCI Investments during yearHolding Loss on FV-NI Investments during yearHolding Loss on FV-OCI Investments during yearNet Income / (Loss)Other comprehensive income, 2021Reclassification to retained earnings
Accumulated other comprehensive income / (Loss), December 31, 2021Accumulated other comprehensive income / (Loss), January 1, 2021Gross Profit / (Loss)Holding Gains on FV-NI Investments during yearHolding Gains on FV-OCI Investments during yearHolding Loss on FV-NI Investments during yearHolding Loss on FV-OCI Investments during yearNet Income / (Loss)Other comprehensive income, 2021Reclassification to retained earnings
Accumulated other comprehensive income / (Loss), December 31, 2021Accumulated other comprehensive income / (Loss), January 1, 2021Gross Profit / (Loss)Holding Gains on FV-NI Investments during yearHolding Gains on FV-OCI Investments during yearHolding Loss on FV-NI Investments during yearHolding Loss on FV-OCI Investments during yearNet Income / (Loss)Other comprehensive income, 2021Reclassification to retained earnings		$

Marigold Corp. has the following securities (all purchased in 2020) in its investment portfolio on December 31, 2020:2,870 Anderson Corp.common shares, which cost $49,000; 10,100 Munter Ltd. common shares, which cost $580,250; and 6,550 King Corp. preferred shares, which cost $255,650. Their fair values at the end of 2020 were as follows: Anderson Corp. $50,530; Munter Ltd. $569,750; and King Corp. $255,750. In 2021, Marigold completed the following transactions: 1. On January 15, sold 2,870 Anderson common shares at $20 per share less fees of $2,140. 2. On April 17, purchased 1,290 Castle Ltd. common shares at $34.50 per share plus fees of $2,030. The company adds transaction costs to the cost of acquired investments and deducts them from cash received on the sale of investments. On December 31, 2021, the fair values per share of the securities were as follows: Munter $68; King $29; and Castle $16. Marigold's accounting supervisor tells you that all these securities have fair values that can be readily determined, but the company is not likely to actively trade them. Management accounts for them using the FV-OCI method without recycling. Any gains or losses are reclassified to Retained Earnings upon disposition of the investment. Ignore income taxes