CT On February 18, 2021, Union Corporation purchased 1,679 IBM bonds as a long term investment at their face value for a total of $1679,000 Union will hold the bonds Indefinitely, and may sell them if the price increases sufficiently on December 31, 2021 and December 31, 2022, the market value of the bonds was $1633,000 and $1,702,000 respectively Required: 2.&3. Prepare the adjusting entry for December 31, 2021 and 2022. (if no entry is required for a transaction/event, select "No Journal entry required in the first account field.) View transactions Journal entry worksheet 1 2 Record the adjusting entry for December 31, 2021 Note Enter debit before credits Debit Credit General Journal December 31, 202 Loss on investment fund. NI Gain on investment (NI)