View Policies Current Attempt in Progress At December 31, 2023, the equity investments of Ayayal Inc. that were accounted for using the FV-OCI model without recycling were as follows: Investment Cost and Carrying Amount Fair Value Unrealized Gain (Loss) Ahn Inc. $174,200 $151.200 $(23,000) Burnham Corp. 121.700 139,600 17.900 ChiLtd. 73.200 75.600 2,400 Total $369.100 $366.400 $12.700) Because of a change in relationship with Ahn, Ayayai sold its investment in Ahn for $153.100 on January 20, 2024. Nouther investments were acquired or sold during 2024; however, a dividend of $1.200 was received from Burnfum in June. At December 31. 2024, the fair values of Burnham and Chi shares were $152.400 and $72,000, respectively. Prepare the entry to adjust the portfolio of investiments to fair value at December 31, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account otles and enter for the amounts List debit entry before credit entry) Date Dec. 31, Account Titles and Explanation Debit Credit Prepare the entry to adjust the portfolio of investments to fair value at December 31.2023. (Credit account 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 O for the amounts. List debit entry before credit entry) Date Dec. 31, 2023 Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit Prepare the presentation of all investment related accounts on the statement of financial poution at December 31, 2023 Asume AOCI at December 31, 2022, is nil (Enter negative amounts using either a negative sign preceding the number ca 2945 or perhee (2.945)) AYAYAI Inc. Statement of Financial Position Prepare the presentation of all investment-related accounts on the statement of financial position at December 31, 2023. Assume AOCI at December 31, 2022, is nil. (Enter negative amounts using either a negative sign preceding the number eg.-2,945 or parentheses e. (2.945)) eTextbook and Media List of Accounts AYAYAI Inc. Statement of Financial Position indicate what accounts and amounts would be reported on the statement of comprehensive income for the year ended December once simpeding the number 2.945 or Indicate what accounts and amounts would be reported on the statement of comprehensive income for the year ended December 31.2023, and where each would be reported. (Enter negative amounts using either a negative sign preceding the number 2.945 parentheses eg (2,945)) eTextbook and Media List of Accounts AYAYAI Inc. Statement of Comprehensive Income DOX Prepare the journal entries for the 2004 sale of the investment in Ahn, including reclainfying holding goes t earnings and for the dividend received from Burnham Credit account titles are automatically inbed when the t Do not indent manually if no endry is required, select "No Entry for the count titles and enter for the anders in the onder dileyed in the problem statement. List all debit entries before credit entries Debit Credit Prepare the journal entries for the 2024 sale of the investment in Ahn, including reclassifying holding gains or losses to retained earnings and for the dividend received from Burnham. (Credit account 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 O for the amounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries) Date Account Titles and Explanation (To adjust to fair value at date of disposal) (To record disposal) (To reclassify holding loss) and Media Debit Credit