Cullumber College pooled the individual investments of three of its funds on December 31, 2024. The recorded value and the fair market value of the investments on December 31, 2024, are presented here: Recorded Value Fair Value Loan fund $127,750 $111,750 Quasi-endowment fund 137,450 156,450 Life income fund Total 159,800 178,800 $425,000 $447,000 During 2025, the investment pool earned dividends of $11,600 and interest of $21,200 and distributed cash in these amounts to the respective funds. Realized gains on transactions of the investment pool amounted to $22,000 and were reinvested in securities held in the pool. Prepare the journal entries that are necessary in the records of each of the funds to account for the earnings of the investment pool during 2025. (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. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Loan Fund Quasi-Endowment Fund Life Income Fund