On December 31, 2022, Culver Corp. provided you with the following pre-adjustment information regarding its portfolio of investments held for short-term profit-taking: December 31, 2022 Investments Carrying Amount Fair Value Moonstar Corp. shares $18,000 $17,500 Bilby Corp. shares 9,000 8,300 Radius Ltd. shares 18,400 19,000 Total portfolio $45,400 $44,800 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 $17,700 and Radius shares $18,900. The company does not recognizeand report dividends and other components of investment gains and losses separately. 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 FV-NI Investments Unrealized Gain or Loss eTextbook and Media List of Accounts Debit 100 Credit 100 Assistance Used Assistance Used Prepare the journal entry to record the sale of the Bilby shares during 2023. (Credit account titles are automatically indented w 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 amoe List all debit entries before credit entries.) Account Titles and Explanation Cash Debit Credit 8500 Gain on Disposal of Investments-FV-NI FV-NI Investments eTextbook and Media List of Accounts 200 8300 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 FV-NI Investments Gain on Disposal of Investments-FV-NI Debit Credit 200 200