1 points) Share Investment On December 31, 2018, unch Corp. provided you with the following pre-adustment informats portfolio of investments held for short-term profit talking regard Investments Moonstar Bibly Corp. Radius Ltd December 31, 2019 Carrying Amount Fair Value 12,000 11,500 8,000 7,500 11.500 11.000 31.500 30,000 During 2020, the Bilby Corp. shares were sold for $7,400 The fair valuues of the securities on December 31, 2020 were as follows: Moonstar Corp. shares $12,500 Radius Ltd. shares $10.900 Dividends and other investment income and losses are all reported in one investment income account. Instructions a. Prepare the adjusting journal entry needed on December 31, 2019. 5. Prepare the journal entry to record the sale of the Bilby Corp. shares during 2020. Prepare the adjusting journal entry needed on December 31, 2020