SHOW work a. Prepare the journal entry to record the acquisition of the investments. b. Prepare the journal entry to record the end of Year 1 fair value adjustment. c. Assume that Wildwing sells 19,100 ALP Company shares for $12 per share at the beginning of Year 2. Prepare the journal entry required to record the sale. Wildwing does not correct the fair value adjustment account at this time. d. Prepare the journal entry to record the end of Year 2 fair value adjustment. e. What is the effect of these investments on earnings in Years 1 and 2? ALP Description Number of shares Market price per share Spath Brothers 16,000 xS 28 Company 23,100 x$ $ 346,500 Share acquisition price $ 448.000 ALP Fair value, Fair Value End of year 1 End of year 2 Spath Brothers $ 19 $ 27 Brothers Company $ 17 $ 24 Journal Entries: A. Equity investment Cash B. Unrealized Gain/loss-Net Income Fair Value Adjustment C. Realized Gain/Loss Cash Equity Investments-Cost D. Fair value Adjustment- Equity Investment Unrealized Gain/Loss- Net Income