Problem 17-5 (Part Level Submission) Carla Company has the following securities in its investment portfolio on December 31, 2017 (all securities were purchased in 2017): (1) 3,300 shares of Anderson Co. common stock which cost 59,400 2 10 800 shares of unter Ltd. common stock hich cost $604.800, and 3 6 200 shares of King Company preferred stock which cost S254 00.. The Far alue A us ment account shows a credit of $11,100 at the end of 2017 In 2018, Carla completed the following securities transactions On January 15, sold 3,300 shares of Anderson's common stock at $20 per share less fees of $2,290 On April 17, purchased 900 shares of Castle's common stock at 32 per share plus fees of S2,010 1. 2. On December 31, 2018, the market prices per share of these securities were Munter $60, King 40, and Castle20. In addition, the accounting supervisor of Carla told you that, even though all these securities have readily determinable fair values, Carla will not actively trade these securities because the top management intends to hold them for more than one year Compute the unrealized gains or losses. Unrealized Prepare the adjusting entry for Carla on December 31, 2018. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2018 Fair Value Adjustment Unrealized Holding Gain or Loss-Equity Click if you would like to Show Work for this question: Open Show Work