The unadjusted trial balance of Bridgeport Inc at its year ended December 31, 2020 had the following investments that are held for trading Carrying Fall Amount Value Kirkland Inc $2 non-cumulative preferred shares (2.200 shares) $ 88,000 $ 87.490 Liskeard Ltd. common shares (500 shares) 24,000 26.110 $112.000 $113,600 June 1 The following are transactions that occurred during 2021 Mar. 1 Received the quarterly cash dividend on the Kirkland Inc, preferred shares Received the quarterly cash dividend on the Kirkland Inc. preferred shares, June 10 Sold 1.100 Kirkland Inc. preferred shares at $45.00 each. July 15 Received a cash dividend on the Liskeard Ltd. share of $3.25 per share. Sept. 1 Received the quarterly cash dividend on the Kircand inc. preferred shares Recelved the quarterly cash dividend on the Kirkland Inc, preferred shares. Dec. 1 At December 31, 2021, the Kirkdand Inc, preferred shares were trading at $44.50 and the Liskeard Ltd. common shares were trading at $51.28 Record any necessary adjusting entry at December 31, 2020. (Creditoccount titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, es, 5,275) Date Account Titles and Explanation Debit Credit Dec 31, 2020 Cash 4400 Investment income or Loss Record the above transactions for 2021 and any required adjusting entries at December 31, 2021. Credit accounttilles are automatically indented when the amount is entered. Do not indent manually no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decalc5275. Record Journal entries in the order presented in the problem Date Account Titles and Explanation Debit Credit