Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31,2023 , are as follows: Pacific Fishing Inc. had no investments prior to 2023. Required: 1. Prepare the fair value adjustment at December 31,2023 , based on the information provided. Journal entry worksheet Record the fair value adjustment. Note: Enter debits before credits. 2. Illustrate how the investments will be reported on the December 31,2023 , balance sheet