Pacific Fishing Inc.'s actively traded nonstrate of Dec. 30, we wtor Enviroclean con shares Teperil 011 con shares Pacific Fishing Inc. had no investments prior to 2020. Required: 1. Prepare the fair value adjustment at December 31, 2020, based on the information provided View transaction list Journal entry worksheet 1 Record the fair value adjustment. Bos Next before credits. 1. Prepare the fair value adjustment at December 31, 2020, based on the motion po View transaction list Journal entry worksheet Record the fair value adjustment. Debit Crodk Note: Enter debits before credits. General Journal Dato Dec 31, 2020 2. Illustrate how the investments will be reported on the December 31, 2020, balance sheet Current assets: Investments Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2020, are Enviroclean common shares Northern Utilities common shares Imperial Oil common shares Farmer Solar Limited common shares $19,000 44,150 26,600 36,200 $21,550 43,170 25,370 33,070 Pacific Fishing Inc. had no investments prior to 2020. Required: 1. Prepare the fair value adjustment at December 31, 2020, based on the information View transaction list Journal entry worksheet 1 Pacord the fair value adjustment