Required information The following information applies to the questions displayed below] The accounting records of Jamaican importers, Incorporated, at January 1, 2024. included the following: No changes occurred during 2024 in the investment portfolio. Required: 1. Prepare appropriate adjusting entry(s) at December 31,2024, assuming the fair value of the IBM common shares was $1,199,000. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fieid