WAGE ENTRIES AND BALANCE SHEET ACCOUNTING PROBLEM (PLEASE WITH STEPS)

2) Unruh Corporation carried out the following investment transactions during 2022: January 1 Purchased 15% of Becker Company's 250,000 issued and outstanding common shares at a cost of $ 8.00 per share. January 1 Purchased 30% of the 80,000 issued and outstanding shares of Wynn's Corporation at a cost of $ 22.00 per share. This gives you significant influence on Wynn's decisions. June 1 Wynn Company declared and paid a Cash Dividend of $ 1.75 per share. July 1 Becker Company declared and paid a Cash Dividend of $ 2.00 per share. August 1 Sold 7,500 shares of Becquer Compay at $ 9 per share. December 31 Becker reported a Net Income of $ 654,000. December 31 Wynn Company reported a Net Income of $ 200,000 Becker shares are considered Trading Securities. Its market value as of December 31 was $ 10 per share. a) Prepare the wage entries. Include adjustment entries to bring Trading Securities to Fair Market Value, b) Prepare the presentation in the Balance Sheet as of December 31. (34 points)