Question 24 10 points Save Anne During the course of your examination of the financial statements of Doppler Corporation for the year ended December 31, 2021, you found a new sont investments Your examination revealed that during 2021, Deppler began a program of investment, and an investmentated transactions were entered in this account. Your analysis of this scount for 2021 follows Dopolor Corporation Analysis of restents Account For the Year Ended December 31, 2021 Date-2021 Debit Credil 264.000 Hermon Crown Common Brook Feb 14 Purchased 4000 wames per she July 2 Roosives 400 shares of Human Company common och usa stock dividend Memorandum entry in general ledger Dept. 28 Sold the 400 shares of Harmon Company common ock rective 20570 per share 520.000 Dooit Credit Question Completion Status: Debit Credit Taber Inc.. Common Stock Apr. 30 Purchased 20,000 shares @ $40 per share. Oct. 28 Received dividend of $1 per share, $800,000 $20,000 Dec 31 Additional information: 1. The fair value for each security as of the 2021 date of each transaction follow: Security Feb. 14 Apr 30 July 26 Sept. 28 Harmon Company $66 $74 $70 Taber Inc. $40 Doppler Corp 25 28 30 33 $76 33 35 2. All of the investments of Doppler are nominal in respect to percentage of ownership (5% or less). Instructions (1) Prepare any necessary correcting journal entries related to investments (a) and (b). (2) Prepare the entry, if necessary, to record the proper valuation of the equity security portfolio as of December 31, 203 Arial 3 (12pt) T.EE