EA-4 (Algo) Recording Transactions in the Equity Securities Portfolio LOA-2 On March 10, 2019, Dearden, Inc., purchased 11,600 shares of Jaffa stock for $47 per share as a long-term passive investment. Dearden's year ends on December 31. The following information pertains to the price per share of Jaffa stock: Stock Price $45 48 12/31/2019 12/31/2020 12/31/2021 44 Dearden sold all of the Jaffa stock on September 12, 2022, at a price of $42 per share. Prepare any journal entries that are required by the facts presented in this case. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Recognize the fair value of investments on September 12, 2022. Note: Enter debits before credits. General Journal Debit Credit Date Sep. 12, 2022 Record entry Clear entry View general journal Journal entry worksheet Recognize the fair value Equity in affiliate earnings Gain on sale of investments Goodwill Interest revenue Investments Note: Enter debits before credit Debit Credit Date Sep. 12. 2022 Record entry Clear entry View general journal Journal entry worksheet Recognize the fair value Investments Loss on sale of investments Property and equipment Unrealized gain Unrealized loss Note: Enter debits before credit Debit Credit Date Sep. 12. 2022 Record entry Clear entry View general journal