Required information [The following information applies to the questions disployed below] On December 31, Mars Company had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods Prepare the December 31 adjusting entry to report these investments at fair value. Journal entry worksheet Record the year-end adjustment to fair value, if any. Required information [The following information applies to the questions displayed below] On December 31, Mars Company had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods 1. After the fair value adjustment is made, prepare the assets section of Mars Company's December 31 classificd balance sheet Assume Mars plans to sell its stock investments within the next six months. 2 In which income statement section is the unrealized gain (or loss) on the portfolio of stock investments reported? Complete this question by entering your answers in the tabs below. After the fair value adjustment is made, prepare the assets section of Mars Company's December 31 classified bolance sheet. Assume Mars plans to sell its stock investments within the next sox months