Q:Question:The investments of Harlon Enterprises included the following cost and fair value amounts (\$ in millions): Harlon accounts for its equity investment portfolio at fair value through net income. Harlon sold its holdings of A Corporation shares on June 1, 2022, for \( \$ 32 \) million. On September 12, it purchased the C Corporation shares. Required: 1. What is the effect of the sale of the A Corporation shares and the purchase of the C CorporationA:Answer:See a step by step answer