The investments of Harlon Enterprises included the following cost and fair value amounts ($ in millions): Equity Investments A Corporation shares Fair Value, December 31 Cost $ 54 2024 2025 $ 31 B Corporation shares 69 69 $ 71 C Corporation shares 32 31 D Industries shares Totals 62 $217 63 $163 67 $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. 1 2. Amount million million