On January 1, 2020, Splish Inc. had the following balance sheet. Assets SPLISH INC. BALANCE SHEET AS OF JANUARY 1, 2020 Equity $51,800 Common stock 247.100 Accumulated other comprehensive income $298,900 Total Cash Debt investments (available-for-sale) Total $249.100 49,800 $298,900 The accumulated other comprehensive income related to unrealized holding gains on available for sale debt securities. The fair value of Splish Inc's available for sale debt securities at December 31, 2020. was $212.800; its cost was $151,800. No securities were purchased during the year. Splish Incs income statement for 2020 was as follows. (Ignore income taxes.) SPLISH INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Dividend revenue $5,100 Gain on sale of investments 30.400 Net income $35,500 Prepare the journal entry to record the sale of the available-for-sale debt securities in 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Cash Debt Investments Gain on Sale of Investments eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer (b) Prepare the journal entry to record the Unrealized Holding Gain or loss for 2020. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Fair Valot Adjustment Unrealized Holding Gain or loss Equity Credit V Tube Prepare a statement of comprehensive income for 2020. SPLISH INC. Statement of Comprehensive Income For the Year Ended December 31, 2020 Net Income $ $ Other Comprehensive Income V Unrealized Holding Gain Comprehensive Income $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Prepare a balance sheet as of December 31, 2020. SPLISH INC. Balance Sheet (Partial) December 31, 2020 Assets $ Cash Debt Investments Total Assets $ Liabilities and Stockholders' Equity Stockholders' Equity Common Stock $ Retained Earnings Accumulated Other Comprehensive Income V Total Stockholders' Equity $