Question 32 2.5 pts Chapin Company purchased equity investments in 2017 at a cost of $200,000 and recorded them as equity securities (considered a minority passive investment). Their market values totaled $250,000 and $230,000 on December 31, 2017, and December 31, 2018, respectively. The entry required on December 31, 2018, would include a debit to Unrealized Holding Gain/Loss of $20,000 O credit to Unrealized Holding Gain/Loss of $30,000 debit to Unrealized Holding Gain/Loss of $30,000 credit to Unrealized Holding Gain/Loss of $20,000 Question 33 2.5 pts Minority passive equity securities were sold on January 3, 2018, for $65,000. Those securities were purchased for $52,000 on November 21, 2017, and they had a fair value on December 31, 2017, of $57,000. The entry to record the sale wquld include a : debit to Investment in Equity Securities of $5,000 credit to Gain on Sale of Equity Securities of $8,000 O credit to Unrealized Holding Gain/Loss of $8,000 debit to Unrealized Holding Gain/Loss of $8,000 debit to Unrealized Holding/Gain Loss of $5,000