On December 21, 2020, Sandhill Company provided you with the following information regarding its equity investments. Securities SC Corp.stock True Co. stock Plus, Inc. stock Total of portfolio Previous fair value adjustment balance Fair value adjustment - Dr. Cost $37,100 48,900 25,700 $111,700 Fair Value 32,820 55,730 25.384 $113,934 Unrealized Gain (Loss) $(4,280) 6,830 (316) 2.234 $2.234 During 2021, the Plus, Inc stock was sold for $26,190. The fair value of the stock on December 31, 2021, was: SC Corp.stock- $34,090; True Co.stock-$51,050. None of the equity investments result in significant influence. (a) Prepare the adjusting journal entry needed on December 31, 2020. (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 for the amounts.) Account Titles and Explanation Debit Credit Date Dec 31, 2020