7:39 el LTE 91. As at Dec 31, 2019, the trading equity investment portfolio for Anchor Inc was as follows Investment Cost FM Unrealised Gain (Loss A $17.500 $15.000 12.500 14.000 C 23.000 28.500 Total The previous Fair Val Adjustment balance w. De 5200 Requirement la. Prepare the Dec 31, 2019 adjusting entry for Anchor Requirement lb. Journalise the sale of investment", for $35.300 on May 20 2020 De OF Q2 Holmes Inc. gained significant influence over Nadel Co by buying 25 of Nadal's outstanding 300,000 shares for 59 per share on a 1.2009 Go June 15, 2019 Nadal declared and paid a cash dividend of $36.000, and on Dec 11, 2019 reported net income of $85.000 Pravide Homes in Journal entriesos and if required for the San Lune 15, and Dec 31 transactions ne 15 D G Dec 31 De CF Q1. As at Dec 31, 2019, the trading equity investment portfolio for Anchor Inc. was as follows Unrealized Gain (Loss) Investment A B C Total Cost $17,500 12,500 23,000 FMV $15,000 14,000 25,500 The previous Fair Value Adjustment balance was, Dr. $200 Requirement la. Prepare the Dec 31, 2019 adjusting entry for Anchor. Dr. Requirement 1b. Journalize the sale of investment "A", for $15,300 on May 20, 2020 Dr. Q2. Holmes Inc. gained significant influence over Nadel Co. by buying 25% of Nadal's outstanding 300,000 shares for $9 per share on Jan 1, 2019. On June 15, 2019 Nadal declared and paid a cash dividend of $36,000, and on Dec 31, 2019 reported net income of $85,000 Provide Holmes Inc's Journal entries as and if required for the Jan 1, June 15, and Dec 31 transactions Jan 1 Dr. June 15 Dr. Or Dec 31 Dr. Or