Question 2 of 6 < > At December 31, 2020, the available-for-sale debt portfolio for Bridgeport, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A $25,375 $21,750 $(3,625 ) B 18,125 20,300 2,175 C 33,350 36,975 3,625 Total $76,850 $79,025 2,175 Previous fair value adjustment balance-Dr. 580 Fair value adjustment-Dr. $1,595 On January 20, 2021, Bridgeport, Inc. sold security A for $21,895. The sale proceeds are net of brokerage fees. (a) Your answer has been saved. See score details after the due date. .../ 6 Prepare the adjusting entry at December 31, 2020, to report the portfolio at fair value. (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.) Account Titles and Explanation Fair Value Adjustment Unrealized Holding Gain or Loss - Equity Debit 1595 Credit 1595