Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2020, are as follows: Enviroclean common shares Cost Fair Value $18,200 $20,350 Northern Utilities common shares Imperial Oil common shares 43,350 42,530 25,800 24,730 Farmer Solar Limited common shares 35,400 32,430 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 2. Illustrate how the investments will be reported on the December 31, 2020, balance sheet. Current assets: Investments