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Prepare all the required entries, including any year-end adjustments, to account for the following investments of Waino Corp. in 2022. Clearly indicate in the journal entries any amounts that go to either the income statement or other comprehensive income. Held-to-Maturity Securities ABCCo.bonds12/31/2021amortizedcost12/31/2021fairvalue$102,754$101,000 These bonds pay 6% annual interest on 6/30 and 12/31 each year and mature 12/31/2024. They were purchased to provide an effective yield of 5% Available-for-sale securities DEFCo.Bonds12/31/2021amortizedcost$25,00012/31/2021FairValue$24,800 These bonds were purchased at par and mature 6/30/2025. They pay 5.5% interest annually on 12/31. GHI Co. Bonds 12/31/2021 amortized cost $30,000 12/31/2021 Fair Value $31,800 These bonds were purchased at par and mature 12/31/2028. They pay 5% annual interest on 6/30 and 12/31. JKL Co. Bonds 12/31/2021 amortized cost $50,000 12/31/2021 Fair Value $50,800 These bonds were purchased at par and mature 12/31/2026. They pay 7% interest annually on 12/31. Passive equity securities MNOCo.commonstock12/31/2021cost12/31/2021fairvalue$60,000$63,000 PQRCo.commonstockSTUCo.commonstock12/31/2021cost12/31/2021fairvalue12/31/2021cost12/31/2021fairvalue$30,000$29,000$80,000$99,000 Equity method investment VWX Co. common stock - own 40% of the voting stock and are the largest shareholder. The investment originally cost $1,400,000 and the investment account has a balance of $1,875,000 at 12/31/2021. Associated with the original purchase there were the following undervalued assets: After allocation of our share of the undervalued assets, there remained $120,000 of goodwill associated with the acquisition of the VWX stock. The building had a twenty-year life remaining and the equipment a five-year life remaining at time of the VWX acquisition. The acquisition occurred three years ago. Waino is a private company but has not elected to amortize goodwill. 2022 Transactions: Jan 15 received $1,200 dividend from STU Co. Mar 18 sold MNO Co. common stock for $63,800 June 30 received interest payments due July 1 sold GHI Co. bonds for $31,500 Aug 15 purchased 500 shares of YZA Co. common stock

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