Concord Corporation purchased 500 shares of Nolan Inc. common stock for $15,700 (Concord does not have significant influence). During the year, Nolan paid a cash dividend of $4.45 per share. At year-end, Nolan stock was selling for \$35.75 per share. Prepare Concord's journal entry to record the fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.) (List all debit entries before credit entries. 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.)