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Johnson Inc.'s non-strategic investment portfolio at December 31, 2022, consisted of the following: "The fair value adjustments were recorded on December 31,2022 Johnson had no other debt and equity investments at December 31, 2022, other than those shown above. During 2023 , Johnson engaged in the following transactions: 2023 Jan.17 Sold 1,200 common shares of Young Inc. for $57,600. Johnson Inc. planned to hold these shares for less than one year. Mar. 3 Purchased 5,900 common shares of Allen Corp. for $354,000. The shares represent a 30% ownership in Allen Corp. June 7 Received dividends from Allen Corp. at the rate of $3.40 per share. Aug.14 Sold the remaining Young Inc. shares at $32.40. Nov. 28 Purchased a 5\% ownership in Davis Corp. by acquiring 10,900 common shares at a total of $97,010. Johnson Inc. will sell these shares in six to nine months. Dec. 30 sold 10,900 shares of Xavier Corporation for $174,400. Dec.31 Allen Corp. announced a net profit of $284,500 for the year. Required: Journalize the above transactions. Inurnal antro workshaet Note: Enter debits berore credits. Analysis Component: Assume the Allen Corp. shares were sold on January 16,2024 , for $373,000. Calculate the investment income or loss and select whether it is unrealized/realized

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