Here is Blossom Company's portfolio of long-term stock investments at December 31, 2021, the end of its first year of operations. Cost 1,390 shares of Batone Inc. common stock $78,952 1,300 shares of Mendez Corporation common stock 97,500 810 shares of P. Tillman Corporation preferred stock 32,400 On December 31, the total cost of the portfolio equaled the total fair value. Blossom had the following transactions related to the securities during 2022. D Sold 1,390 shares of Batone Inc. common stock at $58 per share. Jan. 20 28 Purchased 430 shares of $10 par value common stock of P. Wahl Corporation at $85 per share. 30 Received a cash dividend of $1.34 per share on Mendez Corporation common stock. Feb. 8 18 Received cash dividends of $0.40 per share on P. Tillman Corporation preferred stock. Sold all 810 shares of P. Tillman preferred stock at $34 per share. July 30 Received a cash dividend of $1.20 per share on Mendez Corporation common stock. Sept. 6 Purchased an additional 580 shares of the $10 par value common stock of P. Wahl Corporation at $76 per share. Jan. Feb. July Sept. 201 20 28 30 30 00 8 18 30 Sold 1,390 shares of Batone Inc. common stock at $58 per share. Purchased 430 shares of $10 par value common stock of P. Wahl Corporation at $85 per share. Received a cash dividend of $1.34 per share on Mendez Corporation common stock. Received cash dividends of $0.40 per share on P. Tillman Corporation preferred stock. Sold all 810 shares of P. Tillman preferred stock at $34 per share. Received a cash dividend of $1.20 per share on Mendez Corporation common stock. 6 Dec. 1 Purchased an additional 580 shares of the $10 par value common stock of P. Wahl Corporation at $76 per share. Received a cash dividend of $1.40 per share on P. Wahl Corporation common stock. At December 31, 2022, the fair values of the securities were: Mendez Corporation common stock $70 per share P. Wahl Corporation common stock $77 per share Blossom uses separate account titles for each investment, such as Investment in Mendez Corporation Common Stock. Prepare the adjusting entry at December 31, 2022, to report the portfolio at fair value. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation Dec. 31 Debit Credit