The beginning balance sheet of PageSource Co. included a $ 750,000 investment in Andy stock (40?% ownership, Page has significant influence over Andy?). During the? year, Page Source completed the following investment? transactions:

Mar.

3

Purchased 3,000 shares at $12 per share of Josh Software common stock as a?long-term equity? investment, representing 4% ownership, no significant influence.

May

15

Received a cash dividend of $0.58 per share on the Josh investment.

Dec.

15

Received a cash dividend of $45,000 from Andy investment.

Dec

31

Received Andy?'s annual report showing $110,000 of net income.

Dec

31

Received Josh?'s annual report showing $200,000 of net income for the year.

Dec

31

Andy?'s stock fair value at? year-end was $749,000.

Dec

31

Josh?'s common stock fair value at? year-end was $13s per share.

1.	Journalize the transactions for the year of Water Source.
2.	Post transactions to? T-accounts to determine the December? 31,2018?, balances related to the investment and investment income accounts.
3.	Prepare Water ?Source's partial balance sheet at December? 31, 2018?, from your answers in Requirement 2.
4.	Where is the unrealized holding gain or loss associated with th John stock? reported?