Question 3 At December 31, 2014, the equity investments of Wang Inc. that were accounted for using the fair value through other comprehensive income model without recycling (application of IFRS 9) were as follows: Investment Cost and Carrying Amount Fair Value Unrealized Gain (Loss) Ahn Inc. $217,200 $185,000 $(32,200 ) Burnham Corp. 150,700 174,300 23,600 Chi Ltd. 90,500 93,600 3,100 Total $458,400 $452,900 $(5,500 ) Because of a change in relationship with Ahn Inc., Wang Inc. sold its investment in Ahn for $190,100 on January 20, 2015. No other investments were acquired or sold during 2015; however, a dividend of $1,600 was received from Burnham Corp. in June. At December 31, 2015, the fair values of Burnham and Chi shares were $190,650 and $90,000, respectively. Collapse question part (a) Prepare the entry to adjust the portfolio of investments to fair value at December 31, 2014. (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.)