On December 31, 2019, Blue Spruce Corp. provided you with the following pre- adjustment information regarding its portfolio of investments held for short-term profit- taking: Investments Moonstar Corp. shares Bilby Corp. shares Radius Ltd. shares Total portfolio December 31, 2019 Carrying Amount $22,000 11,000 21,800 $54,800 Fair Value $20,700 9.800 22.500 $53,000 On December 31, 2019, Blue Spruce Corp. provided you with the following pre- adjustment information regarding its portfolio of investments held for short-term profit- taking: Investments Moonstar Corp. shares Bilby Corp. shares Radius Ltd. shares Total portfolio December 31, 2019 Carrying Amount $22,000 11,000 21,800 $54,800 Fair Value $20,700 9.800 22.500 $53,000 Prepare the adjusting journal entry needed on December 31, 2019 (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 for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts