The investments of Harlon Enterprises Included the following cost and fair value amounts ($ in milions) 5 Cost $ Equity Investments A Corporation shares Corporation share Corporation shaces Industries shares Fair value, Dec. 33 2021 2022 319 N/A 45 $ 47 NA 19 51 55 5115 $123 20 00:35:03 5145 Harlon accounts for its equity investment portfolio at far value through net income. Horton sold its holdings of A Corporation shares on June 1. 2022. for $20 million on September 12. It purchased the Corporation shares Required: 1. What is the effect of the sale or the A Corporation shares and the purchase of the Corporation shares on Harton's 2022 pretax earnings? 2. At what amount should don't securities equity Investment portfono be reported in 2022 balance sheet? For all requirements, enter your answers in millions (.e. 10,000,000 should be entered as 10) The Investments of Hanon Enterprises haueu elowing cust ar value or Equity Investments A Corporation Shares & Corporation shares C. Corporation Shares Industries shares Totals (8003250 Fair Value, Dec. 31 2821 2022 $ 19 N/A 45 $.47 N/A 10 51 55 5115 $123 Cost $ 30 45 20 50 $145 Harion accounts for its equity Investment portfolio at fair value through net income. Harlon sold its holdings of A Corporation Shares June 1, 2022. for $20 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 Horion's 2022 prelax earnings? 2. At what amount should Horion's securities equity Investment portfolio be reported in its 2022 balance sheet? (For all requirements, enter your answers in millons, (... 10.000.000 should be entered as 10) min Ant