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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:

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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 2. Illustrate how the investments will be reported on the December 31,2023 , balance sheet

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