PROBLEM 4: Investments (15 marks) Version Fath Lorphesa December 3 year end. During 2019 and 2020, Fath has the folosing investmer trengatian: 3-Jun-'9 Part Carp pirrand 1,300 shares of ABC Inc: $ 5.00 per share. Sex 9 ARC, Incpaic criderds of $75 per share 31-DEC-9 ARC Tre shores had a fair value of $13.00 per share 1-Jul-20 Ps. Corp sulu all of ADC In fare for $19.50 per share Instruktlans: Note- there are two (2) parts to this question!! Part 1: Assume Path Carp uses the fall value through net Income FV.N method to account for its investments Dividends and other investment income and losses are all reported in one investment account. Preparati required journal Antries on the following dates: Alune 30, 20 Iata Teserpinn 0 Seleb 1, 2015 Date Descrplion Dr December 31, 2019 Dale Deserplion DY CH U July 1, 2021 Date Deserpliori L- C Part 2: Assume Path Corp vata the fair value through the comprehensive inuame (FV-00) method to account for its invesnents (without recycling - Dluidend income il required to be recorded in a separate account. Prepare the required journal entries on the following dates: Alune 3n, 27 Data Taschen Dr B) Sep 1, 2015 Date Desar puon Dr C December 31, 2019 Dsta Cesar plion Dr July 1, 2020 Dale Descrploi Dr C