The investments of Harlon Enterprises included the following cost and fair value amounts ($ in millions); Fair Value, December 31 Equity Investments A Corporation shares B Corporation shares C Corporation shares D Industries shares Totals Cost $ 54 69 32 62 $217 2024 $ 31 2025 69 $ 71 31 63 67 $163 $ 169 Harlon accounts for its equity investment portfolio at fair value through net income. Harlon sold its holdings of A Corporation shares on June 1, 2025, for $32 million. On September 12, it purchased the C Corporation shares. Required: 1. What is the effect of the sale of the A Corporation shares and the purchase of the C Corporation shares on Harlon's 2025 pretax earnings? 2. At what amount should Harlon's securities equity investment portfolio be reported in its 2025 balance sheet? Note: For all requirements, enter your answers in millions, (i.e., 10,000,000 should be entered as 10). Leave no cells blank - be certain to enter "O" wherever required. Answer is complete but not entirely correct. 1 Decrease 2. Amount $ 22 million 169 million