Situation $2$: On April $11,2023,$ Flint Corp. purchased as a long$-$term investment $($accounted for using FV$-$OC$|$ without recycling$)$

$4,200$ common shares of Roddy Ltd$.$ for $$83$ per share, which represents a $2\%$ interest. On December $31,2023,$ the shares' market price was $$87$ per share. On March $3,2024,$ Flint sold all $4,200$ shares of Roddy for $$104$ per share.

Assume that all companies follow IFRS.

For situation $2,$ determine the amount of the gain or loss on disposal that should be included in Flint's net income in $2024$ and in its other comprehensive income. The investment in Roddy was Flint's only investment.

Gain on disposal of Investment

$88,200$

Other Comprehensive

income v

$71,400$

Your answer is incorrect.

Prepare the journal entries for situation $2$ for $2024.$