Please provide any and all explanations/work. Thanks

Crane Company has the following securities in its investment portfolio on December 31, 2020 (all securities were purchased in 2020): (1) 3,300 shares of Anderson Co. common stock which cost $62,700, (2) 9,200 shares of Munter Ltd. common stock which cost $515,200, and (3) 5,500 shares of King Company preferred stock which cost $231,000. The Fair Value Adjustment account shows a credit of $9,600 at the end of 2020. In 2021, Crane completed the following securities transactions. 1. On January 15, sold 3,300 shares of Anderson's common stock at $20 per share less fees of $1,960. On April 17, purchased 1,100 shares of Castle's common stock at $32 per share plus fees of $2,030. 2. On December 31, 2021, the market prices per share of these securities were Munter $64, King $40, and Castle $24. In addition, the accounting supervisor of Crane told you that, even though all these securities have readily determinable fair values, Crane will not actively trade these securities because the top management intends to hold them for more than one year. (0) Your answer is partially correct. Try again. Compute the unrealized gains or losses Unrealized Prepare the adjusting entry for Crane on December 31, 2021. (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 o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2021 TFair Value Adjustment TUnrealized Holding Gain or