Ticker Services began operations in 2006 and maintains long-term investments in available-for-sale securities.

The year-end cost and market values for its portfolio of these investments follow. Prepare journal entries to record each year-end market adjustment for these securities.

Cost Market Value December 31, 2006 . . . . . . . $372,000 $360,860 December 31, 2007 . . . . . . . 428,500 455,800 December 31, 2008 . . . . . . . 600,200 700,500 December 31, 2009 . . . . . . . 876,900 780,200.AppendixLO1