Amore Inc. had the following cost and fair market values for their investments:

Instructions
1. Journalize the year-end revaluation entries required by Amore Inc.
2. Prepare the relevant current and non-current sections of the statement of financial position for Amore Inc. on December 31, 2016.

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Recorded Carrying Value December 31, Fair Value December 31, 2014 Fair Value Fair Value December 31, December 31, Initial Cost 2015 2016 2016 Held-for-trading $ 6.500 $ 7,000 $ 7.800 $ 8.000 Ann's Doves Inc. Bryan's Computers Ltd. 22.000 24.000 21.500 23.000 Pelham Inc. 4,900 6,500 7,000 36,300 7.200 37,000 33,900 38,200 Held-to-maturity Nursery Ltd. Dogwood Ltd. Beechnut Inc. 7.500 $ 12,500 6.800 6,500 6.250 27,500 32,000 28,000 29.000 28,000 15,000 54,500 18.000 52.800 16,750 50,750 15.500 23,000 50.750 63,500 Available- for-sale-current Vista Ltd. 63.000 65.000 61,700 63.250 48,000 113.000 Meadows Corp. 45,000 108,000 49,000 110,700 47,500 110,750 Investment in associates Longpoint Inc. Canboro Ltd. 21.000 20.000 22.000 23,500 49.250 25.000 27.000 28,500 32.000 53.800 45.000 49.000 49.500 55.500 103.050