Fenster Corporation has the following portfolio of long-term available-for-sale securities at vear end:

Both the Unrealized Loss on Long-Term Investments account and the Allowance to Adjust Long-Term Investments to Market account currently have a balance of $80,000 from the last amounting period. Prepare the year-end adjustment to reflect the infor- mation listed. LO1

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Company A Corporation Percentage of Voting Stock Held 4 Cost $160,000 Year-End Market Value $190,000 B Corporation 12 750,000 550,000 C Corporation 5 60,000 110,000 Total $970,000 $850,000