Check my w The cost and fair value of non-strategic investments of International Journalist Corporation on December 31, 2020 and December 2021, are as follows: On December 31, 2020 On December 31, 2021 Cost $23, See 26, See Fair Value $22,eee 17.350 Required: 1. Prepare the fair value adjustment at December 31, 2020, and December 31, 2021, based on the information provided View transaction list View journal entry worksheet Credit No General Journal Date Dec 31, 2020 1500 1 Investment income (Loss) Investments - Various 350 non 31 2021 Investments - Various Hely 2. Illustrate how the non-strategic investments will be reported on the December 31, 2020, and December 11, 2021 INTERNATIONAL JOURNALIST CORPORATION Partial Balance Sheet December 31, 2020 Assets Current assets: Investments INTERNATIONAL JOURNALIST CORPORATION Partial Balance Sheet December 31, 2021 Assets Current assets Investments