Problem 17-3 Coronado Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions. $40,300 Feb. 1, 2017 April 1 Sharapova Company common stock, $120 par, 240 shares U.S. government bonds, 11%, due April 1, 2027, interest payable April 1 and October 1, 108 bonds of $1,000 par each McGrath Company 12% bonds, par $45,000, dated March 1, 2017, purchased at 104 plus accrued interest, interest payable annually on March 1, due March 1, 2037 108,000 July 1 48,600 Your answer is partially correct. Try again. The fair values of the investments on December 31, 2017, were: Sharapova Company common stock U.S. government bonds McGrath Company bonds $31,600 113,200 55,700 What entry, if any, would you recommend be made? (Round answers to 0 decimal places, e.g. 2,500. Credit account titles are automatically indented when am indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation ACCO Debit Credit Dec. 31, 2017 Fair Value Adjustment 7200 Unrealized Holding Gain or Loss - Equity 7200 (Entry for debt investment) Unrealized Holding Gain or Loss - Equity 7200 Fair Value Adjustment 1 7200 7200 (Entry for equity investment)