Skid Corp. ("Skid") purchased a 25% interest (2,500 shares) in Row Inc. ("Row") on September 1, 2019 for $85,000 cash. On that date, Rows net assets had a book value of $278,000, while computer equipment had a book value that was $14,000 higher than its fair value. The equipment had a remaining useful life of seven years. Net income and dividends reported by Row Inc. in 2019 and 2020 are as follows:

	Net Income	Dividends
2019	$(16,000)	$30,000
2020	88,000	30,000

For both 2019 and 2020, all income was earned evenly over the year and all dividends were declared and paid on the last day of the year. Both Skid and Row have December 31 year-ends.

On January 31, 2021, Skid sold 25% of its Row shares for $25,000. Row had reported net income of $15,000 for the month of January, while no dividends were declared or paid.

Required:

Assume that Skid Corp follows IFRS and that its 25% interest was enough to give Skid significant influence over Row. Prepare all of Skid's required journal entries related to its investment in Row, up to and including the January 31, 2021 sale.