September 15, 2021 FV-OCI Investments 160 Unrealized Gain or Loss-OCI (To adjust to fair value on date of disposition) Cash 960 FV-OCI Investments (To record disposal) Unrealized Gain or Loss-OCI 320 Gain on Sale of Investments (To reclassify holding gain) Your answer is partially correct. Pina Ltd. is a Canadian publicly-traded business with a December 31 fiscal year end. In order to get a better return on some of its excess cash, Pina purchased 160 common shares of AFS Corporation on July 1, 2020 at a price of $4 per share. On the day of acquisition, Pina elected to account for the investment using the fair-value through other comprehensive income (FV-OCI) without recycling. On August 1, 2020, AFS declared dividends of $1/share, and paid those dividends on August 20, 2020. On December 31, 2020, shares in AFS were trading at $5 per share. On September 15, 2021, Pina sold the shares in AFS for $6 per share. Prepare the journal entries required to record the above transactions on the books of Pina Ltd. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July 1, 2020 FV-OCI Investments 640 Cash August 1, 2020 Dividend Receivable 160 LO Dividend Revenue August 20, 2020 Cash 160 Dividend Receivable December 31, 2020 FV-OCI Investments 160 Unrealized Gain or Loss - OCI September 15, 2021 FV-OCI Investments 160 Unrealized Gain or Loss - OCI