On December 31,20X1, Jeter Corp. had the following equity investments that were acquired during 20X0: Trading Investments measured at FVTPL: Non-trading securities measured at FVTOCI All market declines are considered temporary. The beginning balance of the Fair Value Adjustment account for the share portfolio for the trading securities has a debit of $20,000, while the corresponding account for the share portfolio for the non-trading securities is a credit of $10,000. On Feb 6, 20X2, Jeter Corp. disposed 60% of its investments in Securities X and Y respectively in its portfolio for the non-trading securities at their respective fair value for a total amount of $90,000. Jeter Corp. only makes fair value adjustments for portfolio holding at the reporting date or at the date of disposal of the holdings. Required: 1) Prepare the journal entries for the fair value adjustments for the trading and non-trading securities separately on Dec 31, 20X1; 2) Prepare the journal entries to record the disposal of the investment in securities X and Y on Feb 6, 202