At December 31, 2017, the equity investments of Flounder Inc. that were accounted for using the FV-0CI model without recycling (application of IFRS 9) were as follows: Cost and Carrying Amount Unrealized Fair Value Gain (Loss) Investment Ahn Inc. Burnham Corp. Chi Ltd. Total $154,200 $130,000 $(24,200) 123,700 16,800 66,400 2,200 $325,300 $320,100 $(5,200) 106,900 64,200 Because of a change in relationship with Ahn Inc., Flounder Inc. sold its investment in Ahn for $134,900 on January 20, 2018. No other investments were acquired or sold during 2018; however, a dividend of $1,100 was received from Burnham Corp. in June. At December 31, 2018, the fair values of Burnham and Chi shares were $135,300 and $63,900, respectively Prepare the entry to adjust the portfolio of investments to fair value at December 31, 2017. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 At December 31, 2017, the equity investments of Flounder Inc. that were accounted for using the FV-0CI model without recycling (application of IFRS 9) were as follows: Cost and Carrying Amount Unrealized Fair Value Gain (Loss) Investment Ahn Inc. Burnham Corp. Chi Ltd. Total $154,200 $130,000 $(24,200) 123,700 16,800 66,400 2,200 $325,300 $320,100 $(5,200) 106,900 64,200 Because of a change in relationship with Ahn Inc., Flounder Inc. sold its investment in Ahn for $134,900 on January 20, 2018. No other investments were acquired or sold during 2018; however, a dividend of $1,100 was received from Burnham Corp. in June. At December 31, 2018, the fair values of Burnham and Chi shares were $135,300 and $63,900, respectively Prepare the entry to adjust the portfolio of investments to fair value at December 31, 2017. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017