On December 21, 2022, Coronado SA provided you with the following information regarding its trading investments. December 31, 2022 Investments (Trading) Cost Fair Value Unrealized Gain (Loss) Stargate AG shares 21,200 20,100 ( 1,100) Carolina Co. shares 9,300 8,200 (1,100) Vectorman NV shares 21,200 21,740 540 Total of portfolio 51,700 50,040 (1,660) Previous fair value adjustment balance 0 Fair value adjustment-Cr. ( 1,660) During 2023, Carolina shares was sold for 8,750. The fair value of the shares on December 31, 2023, was Stargate shares- 20,210; Vectorman shares- 21,650. (a) Prepare the adjusting journal entry needed on December 31, 2022. (b) Prepare the journal entry to record the sale of the Carolina Co. shares during 2023. (c) Prepare the adjusting journal entry needed on December 31, 2023. (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.) No. Account Titles and Explanation Debit Credit (a) Unrealized Holding Gain or Loss - Income 1,660 Fair Value Adjustment 1,660 (b) cas 8,750 Loss on Sale of Investments 550 Equity Investments 9,300 (c) Fair Value Adjustment 1,100 Unrealized Holding Gain or Loss - Equity 1,100