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third time posting this question so plz just solve the red cells data Exercise 12-8 Roger Ltd. is an investment management firm that had, at

third time posting this question so plzimage text in transcribed just solve the red cells data

Exercise 12-8 Roger Ltd. is an investment management firm that had, at the beginning of the current year on January 1, 2018, a balance of $108,000 in its Held for Trading Investments account (using the fair value through profit or loss model) and a balance of $491,000 in its Investment in Associates account (using the equity method). At the end of the year, these account balances were $123,000 and $603,000, respectively. During the year, dividends of $59,000 were received from associates while $10,000 were received from held for trading investments. In addition, the company purchased investments in associates and held for trading investments for cash of $128,000 and $52,000, respectively. Also during 2018, the company received $47,000 when it sold investments held for trading that were carried at $27,000. Your answer is partially correct. Try again. List the accounts that Roger will show on its 2018 income statement pertaining to its investments. Indicate where these accounts will appear on the income statement. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Roger Ltd. Income Statement Net Income / (Loss) Net Income / (Loss) Realized Gain on Held for Trading Investments 20000 (A) please correct the red cells data Unrealized Loss on Held for Trading Investments -10000 (8) Dividends Expenses Net Income / (Loss) Other Revenues and Expenses Revenues Total Expenses Total Revenues Dividend Revenue 10000) (c) Income from Associates 43000 (D) 63000 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Prove the ending balances in these accounts at December 31 by listing the beginning balance and all transactions for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Held for Trading Investment Account Investments in Associates Balance, beginning of year $108,000 $491,000 Share of Associates' Income 52000 128000 Purchases of Investments during the Year -27000 please correct the red cells data Dividends Received -59000 Carrying Amount of Investments Sold during the Year 430001 Fair Value Adjustment -10000 Balance, end of year $123,000 $603,000

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