The following information is available for Barkley Company at December 31, 2020, regarding its investments. Securities Cost Fair Value 3,000 shares of Myers Corporation Common Stock 1,000 shares of Cole Incorporated Preferred Stock $40,000 25,000 $65,000 $48,000 22,000 $70,000 (a) Prepare the adjusting entry (if any) for 2020, assuming no balance in the Fair Value Adjustment account at January 1, 2020. Neither of Barkley's investments result in significant influence. Assume the securities as trading securities. (Credit account titles are automaticall indented when amount is entered. Do not indent manually. If no entry is required, sele "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit