on august 1 2017 lourdes inc lourdes purchased 20000 preferred shares of matagami ltd for 120 per share/

Required:
a. Prepare a summarized balance sheet and income statement on December 31, 2017, assuming that Lourdes accounts for the shares as a
(i) Fair value through profit and loss,
(ii) Fair value through other comprehensive income, and
(iii) Amortized cost, and that Lourdes owned the shares on December 31, 2017.
b. Prepare a summarized balance sheet and income statement on December 31, 2017, assuming that Lourdes accounts for the shares as a
(i) Fair value through profit and loss,
(ii) Fair value through other comprehensive income, and
(iii) Amortized cost, assuming that Lourdes sold the shares on December 31, 2017, for $95 per share.