Question 1 Following is a list of investments owned by Sheridan Ltd., as of the company's year-end, December 31, 2017: No. Carrying Fair Investment Shares Value Value HFX Corporation 1,890$%7.90 $7.32 FDY Ltd CTN Corporation 4,370 6.02 6.87 3,500 7.16 7.16 On January 15, 2018, Sheridan sold the shares in CTN Corporation for $7.29 per share. Prepare the journal entries required to record the sale, assuming the company uses the fair value through other comprehensive income without recycling method. (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 0 for the amounts. Round answers to O decimal places, e.g.5,275.) Date Account Titles and Explanation Debit Credit Jan. 15, 2018 invest To record adjustment to current fair value.) inves To record the sale of shares.) No Entry 10