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: Investments Moonstar Corp. shares Bilby Corp. shares Radius Ltd. shares Total portfolio December 31, 2022 Carrying Amount $18,000 9,000 18,000 $45,000 Fair Value $17,100 8,100 18,500 $43,700 During 2023, the Bilby shares were sold for $8,500. The fair values of the securities on December 31,2023, were as follows: Moonstar shares $17,900 and Radius shares $18,400. The company does not recognizeand report dividends and other components of investment gains and losses separately.

On December 31 722, Bridgeport Corp. provided you with the following pre-adjustment information regarding its portfolio of investments helit tor short-term profit-taking: During 2023, the Bilby shares were sold for $8,500. The fair values of the securities on December 31,2023, were as follows: Moonsta: shares $17,900 and Radius shares $18,400. The company does not recognizeand report dividends and other components of investment gains and losses separately. Prepare the adf Ing journal entry needed on December 31, 2022. (Credit account titles are outomatically indented when the amount is entered, Do no. cent irianually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts, Itit debit entry before credit entry