On December 21, 2020, Ivanhoe Company provided you with the following information regarding its equity investments December 31, 2020 Investments (Trading) Cost Fair Valuc Unrealized Gain (Loss) Clemson Corp.stack $16,400 $17,700 $1900 Colorado Co stock 9.900 8,800 (1.100 Buffaloes Co stock 590 18.600 $47.100 19,190 $45,690 Total of portfolio (1,410) Previous fair value adjustment balance Fair value adjustment-Cr. S11,410) During 2021, Colorado Ca.stack was sold for $9,270. The fair value of the stock on December 31, 2021, was Clerson Corp.stock-$17,000; Buffaloes Costock-$19,100. Name of the equity investments result in signicant influence (a) Prepare the adjusting journal entry needed on December 31, 2020. (b) Prepare the journal entry to record the sale of the Colorado Cu.stuck during 2021. lc Prepare the adjusting journal entry needed on December 31, 2021. 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 cities and enter for the amounts. No. Account Titles and Explanation Debit Credit