Martinez Technologies Inc. held a portfolio of shares and bonds that it accounted for using the fair value through other comprehensive income model at December 31, 2020. This was the first year that Martinez had purchased investments. In part due to Martinez's inexperience, by December 31, 2020, the market value of the portfolio had dropped $28,200 below its original cost. Martinez recorded the necessary adjustments at December 31, 2020 and was determined to hold the securities until the unrealized loss of 2020 could be recovered. By December 31, 2021, Martinez's goals of recovery had been realized and the original portfolio of shares and bonds had a fair market value $6,600 higher than the original purchase costs. Martinez's income tax rate is 30% for all years. Assume that any gains that will ultimately be realized on the sale of the shares and bonds are taxable as ordinary income when they are realized. Martinez applies IFRS. Prepare the journal entries at December 31, 2020 to accrue the unrealized loss on Martinez's securities and the related income tax. (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 Date December 31, 2020 (To record fair value adjustment) December 31, 2020 (To record deferred taxes on fair value adjustment) Prepare the journal entries at December 31, 2021 to accrue the unrealized gain on the securities and the related income tax. (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.) Account Titles and Explanation Debit Credit Date December 31, 2021 (To record fair value adjustment) December 31, 2021 (To record deferred taxes on fair value adjustment) Prepare a comparative statement of comprehensive income for the fiscal years ended December 31, 2020 and 2021. Assume net income of $124,000 in each fiscal year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Martinez Technologies Inc. Comparative Statement of Comprehensive Income Year Ended December 31 2021 2020 $ $ Indicate how the deferred tax accounts should be presented on the SFP at December 31, 2021. Martinez Technologies Inc. Statement of Financial Position $ $