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Solve fast Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2020, are as follows: Enviroclean common shares Cost Value Northern Utilities common

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Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2020, are as follows: Enviroclean common shares Cost Value Northern Utilities common shares $19, 400 $22, 150 Imperial Oil common shares 44,550 27,060 43, 490 Farmer Solar Limited common shar 36, 600 25,690 33, 390 Pacific Fishing Inc. had no investments prior to 2020. Required: . Prepare the fair value adjustment at December 31, 2020, based on the information provided. View transaction list Journal entry worksheet Record the fair value Next se

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