Current Attempt in Progress Pronghorn Company has the following investments as of December 31, 2020: Investment in common stock of Piedmont Company $781.000 Investment in debt securities of Touchdown Company $1,179,000 The carrying value and the fair value of these two investments are the same at December 31, 2020. Pronghorn's stock investment does not result in significant influence on the operations of Piedmont Company Pronghorn's debt investment is considered held to maturity, At December 31, 2021, the shares in Piedmont Company are valued at $501.000: the debt investment securities of Touchdown are valued at $665,000. Assume that these investments are considered impaired Prepare the journal entries to record the impairment of these two securities at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (To record impairment of Investment in common stock) (To record impairment of investment in debt securities) Assuming that at December 31, 2022, the fair value of the Piedmont shares is $629,000 and the value of its debt investment is $1,038,000, what entries, if any, should be recorded in 2022 related to impaitment? (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Assume that the debt investment in Touchdown Company was available-for-sale, its fair value was $804,000, and the expected credit loss was $421.000 at December 31, 2021. Prepare the journal entry to record this impairment on December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Tities and Explanation Credit Debit