At December 31, 2022, the trading debt securities for Sandhill, Inc. are as follows. Security A B C Cost $17.900 12,000 22,900 $52,800 Fair Value $15.700 14,000 18,800 $48,500 Prepare the adjusting entry at December 31, 2022, to report the securities at fair value. (List all debit entries before credit entries. Credit account titles are automatically indented when 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 Dec 31 Account Titles and Explanation Debit Credit Show the balance sheet and income statement presentation at December 31, 2022, after adjustment to fair value. Sandhill, Inc. Balance Sheet (Partial) V Sandhill, Inc. Income Statement (Partial) $