At December 31, 2021, the trading investments for Larkspur Inc., are as follows: Security Investment Category Carrying Value Fair Value Co. A common shares FVTPL $23,000 $19,800 Co. B preferred shares FVTPL 15,500 17.500 Co. C. common shares FVTOCI 28,500 23,600 Totals $67,000 $60,900 Prepare the adjusting entries required at December 31 to report the above investments at fair value. (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 O for the amounts) Date Account Titles and Explanation Debit Credit Dec. 31 (To record fair value adjustment of FVTPL investments) Show the financial statement presentation of the investments and the holding gains and losses that result from fair value adjustments at December 31, 2021. (Ignore income tax) (Show negative amounts with either a-sign eg.-15,000 or in parenthesise.g (15,000)) LARKSPUR INC. Balance Sheet (Partial) LARKSPUR INC. Comprehensive Income Statement (Partial) Assuming that on March 20, 2022, Larkspur sold Co. B preferred shares for $16,700, prepare the journal entry to record this transaction. (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 O for the amounts) Date Account Titles and Explanation Mar. 20 Debit Credit (To record sale of investment.)