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At December 31, 2021, Carla Vista Company has an equity portfolio valued at $145000. Its cost was $122000. If the Securities Fair Value Adjustment

At December 31, 2021, Carla Vista Company has an equity portfolio valued at $145000. Its cost was $122000. If the Securities Fair Value Adjustment has a debit balance of $7500, which of the following journal entries is required at December 31, 2021? Unrealized Holding Gain or Loss-Income 23000 Fair Value Adjustment 23000 Unrealized Holding Gain or Loss-Income 15500 Fair Value Adjustment 15500 Fair Value Adjustment 15500 Unrealized Holding Gain or Loss-Income 15500 Fair Value Adjustment 23000 23000 Unrealized Holding Gain or Loss-Income

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