Birch Corp. is a real estate developer with its headquarters in Burlington, Ontario. As a result of recent increases in land prices, Birch has accumulated a substantial amount of excess cash. It is looking to invest in a building supply company but has not yet found a suitable company. To earn a reasonable return and to minimize risk, Birch invests its excess cash in common shares of large, stable corporations. The following describes the events surrounding one of Birch's investments. (Click the icon to view the events.) Required Using the following table, indicate the amounts to be reported on the balance sheet, through profit or loss, and through other comprehensive income for 2019 and 2020 under two scenarios. a. Birch makes the irrevocable election to measure at fair value through OCI. b. Birch does not make the irrevocable election to measure at fair value through OCI. Requirement a. Using the following table, indicate the amounts to be reported on the balance sheet, through profit or loss, and through other comprehensive income for 2019 and 2020. Birch makes the irrevocable election to measure at fair value through OCI. (Use a minus sign or parentheses to show a decrease, and enter a "0" for any zero balances.) With election 2019 2020 Balance sheet Amount through profit or loss Other comprehensive income Requirement b. Using the following table, indicate the amounts to be reported on the balance sheet, through profit or loss, and through other comprehensive income for 2019 and 2020. Birch does not make the irrevocable election to measure at fair value through OCI. (Use a minus sign or parentheses to show a decrease, and enter a "0" for any zero balances.) Balance sheet Amount through profit or loss Other comprehensive income Without election 2019 2020