Headland Company has the following securities in its portfolio on December 31,2020 . None of these investments are accounted for under the equity method. All of the securities were purchased in 2020. In 2021, Headland completed the following securities transactions. March 1 Sold the 1,500 shares of Gordon, Inc., Common, @ \$45 less fees of \$1,200. April 1 Bought 700 shares of Earnhart Corp., Common, @ $75 plus fees of $1,300. Headland's portfolio of equity securities appeared as follows on December 31,2021. Headland's portfolio of equity securities appeared as follows on December 31, 2021. Prepare the general journal entries for Headland Company for: (a) The 2020 adjusting entry. (b) The sale of the Gordon stock. (c) The purchase of the Earnhart stock. (d) The 2021 adjusting entry for the trading portfolio. (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 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) Unrealized Holding Gain or Loss - Income 7100 Fair Value Adjustment (b) Cash 7100 Loss on Sale of Investments 6200 Equity Investments (c) Equity Investments 53800 Cash (d) Unrealized Holding Gain or Loss - Income 10300 72500 Fair Value Adjustment 10300