lue Spruce Corporation, a Canadian-based international company that follows IFRS, has the following securities in its portfolio of investments acquired for trading purposes and accounted for using the FV-NI method on December 31, 2019:

Investments		Carrying Amount (before adjustment)				Fair Value
2,000 shares of David Jones Inc., common			$105,000			$100,000
4,800 shares of Hearn Corp., common			182,400			175,700
360 shares of Alessandro Inc., preferred			61,200			63,300
			$348,600			$339,000

In 2020, Blue Spruce completed the following securities transactions:

Mar. 1		Sold the 2,000 shares of David Jones Inc. common at $43 per share, less fees of $600.
Apr. 1		Bought 800 shares of Oberto Ltd. common at $79 per share, plus fees of $1,100.

Blue Spruce Corporations portfolio of trading securities appeared as follows on December 31, 2020:

Investments		Original Cost			Fair Value
4,800 shares of Hearn Corp., common		$182,400			$175,700
800 shares of Oberto Ltd., common		63,200			61,400
360 shares of Alessandro Inc., preferred		61,200			58,800
		$306,800			$295,900

Assume that the company does not recognize and report dividends and other components of investment gains and losses separately.

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Question:

Prepare the Blue Spruce Corporation general journal entry to record the adjusting entry for December 31, 2020. (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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
Investment Income or Loss	?
FV-NI Investments		?