On December 31, 2022, Bridgeport Corp, provided you with the following pre-adjustment information regarding its portfolio of investments held for short-term profit-taking: December 31, 2022 Carrying Amount Fair Value Investments Moonstar Corp, shares $22.000 $21.100 Bilby Corp. shares 11,000 10,000 Radius Ltd. shares 22,200 22.900 Total portfolio $55,200 $54,000 During 2023, the Bilby shares were sold for $10,500. The fair values of the securities on December 31.2023, were as follows: Moonstar shares $21.600 and Radius shares $22.800. The company does not recognizeand report dividends and other components of investment gains and losses separately. During 2023, the Bilby shares were sold for $10,500. The fair values of the securities on December 31.2023, were as follows: Moonstar shares $21,600 and Radius shares $22,800. The company does not recognizeand report dividends and other components of investment gains and losses separately. Your answer is partially correct. Prepare the adjusting journal entry needed on December 31, 2022. (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 O for the amounts. List debit entry before credit entry) Account Titles and Explanation Unrealized Gain or Loss Debit Credit 1200 fair eTextbook and Media 1200 Your answer is partially correct. Prepare the journal entry to record the sale of the Bilby shares during 2023. (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 O for the amounts List all debit entries before credit entries) Account Titles and Explanation Cash Debit 10500 Credit Loss on Sale of investments eTextbook and Media List of Accounts 500 11000 x Your answer is incorrect. Prepare the adjusting journal entry needed on December 31, 2023. (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 O for the amounts. List debit entry before credit entry.) Account Titles and Explanation Debit Credit Unrealized Gain or Loss OCI eTextbook and Media List of Accounts 1400 1400