2.Indicate any amounts that Ornamental Insulation would report in its 2016 balance sheet and income statement as a result of these investments.(Amounts to be deducted should be indicated with a minus sign.)

3.Prepare the appropriate journal entry for each transaction or event during 2017.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

4.Indicate any amounts that Ornamental Insulation would report in its 2017 balance sheet and income statement as a result of these investments.(Amounts to be deducted should be indicated with a minus sign.)