Current Attempt in Progress The following information is available for Sarasota Company at December 31, 2025, regarding its investments. Securities Cost Fair Value 3,000 shares of Myers Corporation common stock $40,300 $48,300 1,100 shares of Cole Incorporated preferred stock 26,300 22,900 $66,600 $71,200 Prepare the adjusting entry (if any) for 2025, assuming no balance in the Fair Value Adjustment account at January 1, 2025. Neither of Sarasota's investments result in significant influence. Assume the securities as trading securities. (List debit entry before credit entry. 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 O for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts