The cost and fair value of non-strategic investments of International Journalist Corporation on December 31, 2020, and December 31, 2021, are as follows: On December 31, 2020 On December 31, 2021 Cost $32,500 31,000 Fair Value $26,500 36,350 Required: 1. Prepare the fair value adjustment at December 31, 2020, and December 31, 2021, based on the information provided View transaction list Journal entry worksheet 1 2 Record the fair value adjustment. Prov 6 of 10 Novi