Testbank Problem 125 (Part Level Submission) Nash's Trading Post, LLC has the following securities in its portfolio of equity securities on December 31, 2021: Cost Fair Value 5,000 shares of Thomas Corp., Common $149,000 $138,000 10,000 shares of Gant, Common 180,000 187,000 $329,000 $325,000 All of the securities had been purchased in 2021. In 2022, Nash's Trading Post, LLC completed the following securities transactions: March 1 Sold 5,000 shares of Thomas Corp., Common @ $31 less fees of $1,500. April 1 Bought 580 shares of Werth Stores, Common @ $43 plus fees of $500. The Nash's Trading Post, LLC portfolio of equity securities appeared as follows on December 31, 2022: 10,000 shares of Gant, Common 580 shares of Werth Stores, Common Cost Fair Value $180,000 $190,000 25,440 23,540 $205,440 $213,540 (a) Prepare the general journal entry for Nash's Trading Post, LLC for the 2021 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit 12-31-21 Click if you would like to Show Work for this question: Open Show Work