Oriole Company began operations in 2020. Since then, it has reported the following gains and losses for its equity investments in on the income statement: 2020 2021 2022 Gains (losses) from sale of securities $14,500 $(20,700) $13,600 Unrealized holding losses on valuation of securities (25,400) (15,600) Unrealized holding gain on valuation of securities 9,800 At January 1, 2023, Oriole owned the following trading securities: BKD Common (16,000 shares @ $32) LRF Preferred (2,000 shares @ $107) Cost $512,000 214,000 During 2020, the following events occurred: 1. Sold 4,600 shares of BKD for $161,000. 2. Acquired 1,000 shares of Horton Common for $39 per share. Brokerage commissions totaled $1,000. At 12/31/23, the fair values for Oriole's investments were: BKD Common, $30 per share LRF Preferred, $112 per share Horton Common, $44 per share Compute the balance in the Fair Value Adjustment account at December 31, 2022 (after the adjusting entry for 2022 is made). (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Balance in fair value adjustment account Compute the aggregate cost and fair values for Oriole's securities portfolio at 12/31/23. Aggregate cost $ Aggregate fair value $ SHOW LIST OF ACCOUNTS Prepare the necessary adjusting entry based upon your analysis in (b) above. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit 12/31/23