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PROBLEM III - FVTPL and FVTOCI Investments (25 Points): The following is the...

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Accounting

PROBLEM III - FVTPL and FVTOCI Investments (25 Points):
The following is the stock investment transactions and information of XYZ Company in 7-Eleven.
X1/1/1: XYZ Company purchases 10,000 shares of 7-Eleven Company at a price of $50 per share, with an additional commission fee of $1,000.
X1/12/31: The closing price of 7-Eleven Company's stock is $58.
x25?8 : A cash dividend of $4 per share is received, and a stock dividend of 10% is distributed.
x212?31 : The closing price of 7-Eleven Company's stock is $55.
x33?17 : All shares are sold at $57 per share (commission fee deducted).
Required:
(a) If XYZ Company classifies this investment as Fair Value through Profit or Loss (FVTPL), please make all journal entries for xYZ Company from x1 to x3.
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