The cost and fair value of non-strategic investments of International Journalist Corporation on December 31, 2020, and December 31, 2021, are as follows: Cost Fair Value On December 31, 2020 $24, 500 $22, 500 On December 31, 2021 27,000 28, 350 Required: 1. Prepare the fair value adjustment at December 31, 2020, and December 31, 2021, based on the information provided. View transaction list View journal entry worksheet (X) No Date General Journal Debit Credit Dec 31, 2020 Investments - various 24,500 Investment income (Loss) Investment income (Loss) N Dec 31, 2020 Investments - various joc O