On December 31, 2019, Bridgeport Corp. provided you with the following pre-adjustment information regarding its portfolio of investments held for short-term profit- taking: December 31, 2019 Carrying Amount Investments Fair Value Moonstar Corp. shares $18,000 $17,100 Bilby Corp. shares 9,000 8,100 Radius Ltd. shares 18,000 18,500 Total portfolio $45,000 $43,700 During 2020, the Bilby Corp, shares were sold for $8,500. The fair values of the securities on December 31, 2020, were as follows: Moonstar Corp.shares $17,900 and Radius Ltd. shares $18,400. Dividends and other investment income and losses are all reported in one investment income account. 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 Tool Content e Textbook and Media List of Accounts Prepare the journal entry to record the sale of the Bilby Corp.shares during 2020. (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 e Textbook and Media List of Accounts Prepare the adjusting journal entry needed on December 31, 2020. (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 e Textbook and Media List of Accounts