On Oct. $1,2021,$ the beginning of the $4$th quarter, Sooner Co$.$ held $$50$ million of $10\%$ bonds of Castor Corp., purchased on May $1,2021$ at face value and held as trading securities$.$ The company's fiscal year ends on December $31.$

Listed below are transactions during the fourth quarter of $2021$ relating to the company's investments.

Date Transaction

Oct. $18$ Purchased $2$ million shares of Melton Corp. common stock for $$59$ million. The purchase does not give Sooner significant influence as Melton has a total of $64$ million shares issued.

Oct. $31$ Received semiannual interest of $$2\mathrm{.}5$ million from the Castor Corp. bonds.

Nov. $1$ Purchased $10\%$ bonds of Hughes Corp. at their $$108$ million face value, to be held until they mature in $2031.$ Semiannual interest is payable April $30$ and October $31.$

Nov. $1$ Sold the Castor Corp. bonds for $$42$ million. No unrealized gains and losses had been recorded on these bonds previously.

Dec. $1$ Purchased $12\%$ bonds of Phillips Corp. at their $$80$ million face value as available$-$for$-$sale securities$.$ The bonds mature in $2031.$ Semiannual interest is payable May $31$ and November $30.$

Dec. $20$ Purchased U$.$S$.$ Treasury bonds for $$7\mathrm{.}3$ million as trading securities$,$ hoping to earn profits on short$-$term differences in prices.

Dec. $21$ Purchased $4$ million shares of Nelton Corp.$\text{'}$s $50$ million shares of common stock for $$50$ million, planning to hold these shares indefinitely.

Dec. $23$ Sold the Treasury bonds for $$7\mathrm{.}7$ million.

Dec. $29$ Received cash dividends of $$9$ million from the Melton Corp. shares of common stock.

Additionally, on December $31,2021,$ the company recorded any necessary adjusting entries relating to changes in fair values of the investments. Specifically, as of December $31$:

The fair value of the Hughes Corp. bond investment was $$18\mathrm{.}4$ million

The fair value of the Phillips Corp. bond investment was $$77\mathrm{.}0$ million

The market price of the Melton Corp. common stock was $$28\mathrm{.}50$ per share

The market price of the Nelson Corp. common stock was $$15\mathrm{.}50$ per share. Please provide the balance sheet and income stmt