Refer to question 24 above.  24c. Using the same assumption…

Refer to question 24 above.  24c. Using the same assumption as part (a) above, prepare the journal entry at December 31, 2020, assuming the fair value of the asset has increased to $1,748,000. (If no entry is required, write “No Entry” for the account titles and enter 0 for the amounts.)   Account Title Debit  Credit  [v1] [v3]  [v2] [v4]