The accountant for Ajax Holdings Ltd. has prepared the following table in order to explain to the company's board of directors the transactions that caused various investment accounts to increase and decrease during the past year. The company uses the fair value through profit or loss model for all held for trading investments, the equity method for investments in associates, and the cost method for equity investments that are not traded actively and have no determinable fair value.

Instructions
Although each of the amounts in the above table is correct, in determining the balance at the end of the year, the accountant may have included amounts that should not be included and may have added rather than subtracted (or vice versa) amounts.
(a) Prepare a revised table and calculate the correct year-end balances in the three investment accounts.
(b) Prepare a table showing the amounts that would be reported on the income statement.

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Held for TradingInvestments in Long-Term AssociatesInvestments (at cost) $30,000 800 Investments Balance, beginning of year Dividends earned and received Interest earned and received Realized gain (loss) Unrealized gain (loss) Proceeds received on sale of investment Share of income (loss) Balance, end of year $50,000 $250,000o 1,000 7,000 1,200 0 0 4,000 (3,500) 10,000 0 (7,300) 0 (2,000) 1,900 6,300 (4,000) $58,700 22,000 3,100 $271,700 $40,100