Question 7 At December 31, 2020, the trading securities for Sandhill, Inc. are as follows. Security A Cost Fair Value 517,900 $15.700 c 22,900 552.800 10.000 548,500 Your answer is correct. Prepare the adjusting entry at December 31, 2020, to report the securities 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.) Dec 31 unrealized Gain or assincome Far Value Adjustment Trading Click if you would like to show Work for this question Open Show work LINK Attempts: 1 of 2 used (b) Your answer is partially correct. Try again. Show the balance sheet and income statement presentation at December 31, 2020, after adjustment to fair value. Sandhill, Inc. Balance Sheet (Partial Current Arts Total Stockholders Euty Sandhill, Inc. Income Statement (Partial December 31, 2020 Other Expenses and asses Unrealed Low on Trading Securities Click If you would like to show Work for this question como