On December 31, 2021, the end of its first year of operations, Blossom Associates owned the following securities that are h long-term investments. Common Stock Shares Cost C Co. 1.010 $43.430 D Co. 4,640 35,264 E Co. 1.104 22.080 On this date, the total fair value of the securities was equal to its cost. The securities are not held for influence or control ove investees. In 2022, the following transactions occurred. July 1 Received $2.00 per share semiannual cash dividend on D Co. common stock. Aug. 1 Received $0.50 per share cash dividend on C Co.common stock. Sept. 1 Sold 930 shares of D Co. common stock for cash at $9 per share. Oct. 1 Sold 272 shares of C Co. common stock for cash at $48 per share. Nov. 1 Received $1 per share cash dividend on E Co. common stock. Dec. 15 Received $0.50 per share cash dividend on C Co. common stock. 31 Received $2.10 per share semiannual cash dividend on D Co. common stock. At December 31, the fair values per share of the common stocks were C Co. $42, D Co. $7.40, and E Co. $24. These investment should be classified as long-term. Prepare the adjusting entry at December 31, 2022, to show the securities at fair value. Blossom has less than a 20%owr interest in all these common stocks (C Co., D Co., and E Co.). (Credit account titles are automatically indented when the amou entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Fair Value Adjustment-Available-for-Sale Unrealized Gain or Loss-Equity