Here is Sunland Company's portfolio of long. term stock investments at December 31,2021 , the end orlits first year of operations, On December 31. that total cost of the portfolio equaled the total faif value, Funland had the following transactions related to the weciaritins during 2022 . Jar. 20 Sold alt 1.300 shares of Wilkite Corporation common stock at $54 per share. 28. Purchased 540 stiares of 509 nar value commenasck of tigiget Corporation at 577 oer share 30: Recelived a cash dividend of \$1,00.per thare on Hutcherson Corp. common stock: Fela. 8. Receved cashalividends of 5040 per ahare oe Downing Corp-preferced stock. 18 Sold alt 1.300 shares of Downing Corp. preferred stock at 525 per share. Wuly 30 Received a casi oividend of $1.00 per sture on Hutcherson Corpiconnmonstock 30 Aeceived azaith dividend of $1.00 per share on Hutcherwon Corp. coemon stock Feh. Be Received cask dividends of $0.40 per share on Downing Corp preferred stock: 16 Sold all 1300 shares of Downirin Corph preferted stock at $25 per share July 30 Received a canh dividend of $1.00 per share on Hutchetson Corp, cemenen stock Sent. 6 . Purchased an additional 950 shares of 510 par value comenon stock of Lighett Corporation at 581 per share. Dee 1 Received a cash didend of $120 per share on tiegett Corporation comenon stock. At Becember 31, 2022, the fair values of the securities were Ifutcherson Corporation commen stock: 567 perstare Hesett Corporation caremonstock- 571 por thare Post to the investment account. (Use F-acoounts, \{Post entries in the ovder of journal entries presented in the previous part) Prepare the adjusting entry at December 31,2022 to report the por folio at fair value thist oll debit entries before credit entries. Credlt acmount thiles art outomatically indented when amount is entered. Do not indent mancally, If no entry bs requined, select "No entry" for the eccount tities and enter Ofor the amounts.)