In January 2022, the management of Wildhorse Company concludes that it has sufficient cash to permit some short-term investments in debt and equity securities, During the year, the following transactions occurred, Feb. 1. Purchased 800 shares of Muringer common stock for $40,000. Mar. 1 Purchased 1,000 shares of Tatman common stock for $25,000. Apr. 1 Purchased 70 of $1,280,5% Yoakem bonds for $89,600. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of $0,70 per share on the Muninger common stock. Aug 1 Sold 266 shares of Muninger common stock at $65 per share. Sept. 1 Received a $2 per share cash dividend on the Tatman common stock. Oct.1 Received the semiannual interest on the Yoakem bonds. Oct 1 Sold the Yoakem bonds for $87,800 At December 31 , the fair value of the Muninger and Tatman common stocks were $51 and $24 per share respectively. These stock investments by Wildhorse Company provide less than a 20% ownership interest. Prepare the adjusting entry at December 31,2022 , to report the investment securities at fair value. All securities are considered to be trading securities, (List all debit entries before credit entries. 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.)