Blaine oil Drum Company, provided you the following information regarding its trading securities as of December 31, 2013: Cost Fair Values $24,830 41, 405 Unrealized Gain (Loss) $ (4,075) Steel Corporation Smart Water, Inc. Natural Drilling, Inc. 68,245 $28,905 37, 810 3,595 695 $_1,215 Total $134,.960 $136,175 Note: The Fair Value Adjustment account had a "credit" balance of $1,495 that was carried over from December 31, 2012 During 2014 the Steel Corporation investment increased in value and it was sold. The sales price, after commissions, was $29,165 On December 31, 2014, the fair value of the Smart Water investment was $39,670, and Natural Drilling, Inc was $69,975 Required Prepare the following journal entries in the space below: 1. December 31, 2013 adjusting entry. 2. Sale of Steel Corporation in 2014 3. December 31, 2014 adjusting entry