Prepare the journal entry if you were informed that Bridgeport's long-term business prospects had deteriorated and that the most Bridgeport could expect to recover in the future or to sell its investment in Sonja for at December 31, 2020, is $118 per share. (Credit account titles are automatically indented when the 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 Dec. 31, 2020 Gain or Loss in Value of Investment Property Investment in Associate Debit 88600 Credit 88600