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The cost and fair value of non-strategic investments of International Journalist Corporation on December 31, 2023, and December 31, 2024, are as follows: Required: 1.

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The cost and fair value of non-strategic investments of International Journalist Corporation on December 31, 2023, and December 31, 2024, are as follows: Required: 1. Prepare the fair value adjustment at December 31 , 2023, and December 31,2024, based on the information provided. 2. Illustrate how the non-strategic investments will be reported on the December 31,2023 , and December 31 , 2024 , balance sheets

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