Current Attempt in Progress Bridgeport Corp. is a medium-sized corporation specializing in quarrying stone for building construction. The company has long dominated the market, at one time achieving a 70% market penetration. During prosperous years, the company's profits, coupled with a conservative dividend policy, resulted in funds available for outside investment. Over the years, Bridgeport has had a policy of investing idle cash in equity securities. In particular, Bridgeport has made periodic investments in the company's principal vendor of mining equipment, Norton Industries. Although the firm currently owns 12% of the outstanding common stock of Norton Industries, Bridgeport does not have significant influence over the operations of Norton Industries. Cheryl Thomas has recently joined Bridgeport as assistant controller, and her first assignment is to prepare the December 31,2025 year-end adjusting entries for the accounts that are valued by the "fair value" rule for financial reporting purposes. Thomas has gathered the following information about Bridgeport's pertinent accounts. Prior to 2025, Bridgeport invested $22,505,000 in Norton Industries and has not changed its holdings this year. This investment in Norton Industries was valued at $21,381,000 on December 31, 2024. Bridgeport' 12\% ownership of Norton Industries has a current fair value of $22,369,000 on December 31, 2025. Account Titles and Explanation Debit Credit (To record revenue.) (To record dividends.)