(To record Resolute's share of Jain's proftc) Question 4 of 7 (To record Resolute's share of Jain's profit.) (To record unrealized gain / (loss) on investments.) eTextbook and Media List of Accounts Swvelor Later Attempts: 0 of 3 used Resolute Limited acquired \40 of Jain Corporation's 56,000 common shares for \\( \\$ 17 \\) per share on January 1, 2021. On June 15. Jain declared a dividend of \\( \\$ 154,000 \\) and Resolute received its share of the dividend on the same day. On December 31, Jain reported net income of \\( \\$ 330,000 \\) for the year. At December 31, Jain's shares were trading at \\( \\$ 22 \\) per share. Resolute accounts for this investment. using the equity method. Resolute also acquired \15 of the 407,000 common shares of Trevis Ltd for \\( \\$ 29 \\) per share on March 18, 2021. On June 30. Trevis declared a \\( \\$ 279,000 \\) dividend and Resolute received its share of these dividends on that day. On December 31, Trevis reported net income of \\( \\$ 614,000 \\) for the year. At December 31. Trevis's shares were trading at \\( \\$ 27 \\) per share. Resolute intends to hold on to the Trevis shares as a long-term investment for the dividend income. Resolute uses the fair value through profit or loss model for this investment. Record the above transactions for the year ended December 31, 2021. (Ust transactions in chronological order. List all debit entries before credit entries. Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter Ofor the amounts.)