#2: Gucci Company had the following portfolio of securities at the end of its first year of operations: Year-End 2017 Security/Investment Classification Cost/Book Market Value Value Equity A Trading $18,000 $16,000 Bond B Available for Sale $23,000 $27,000 Bond C Held to Maturity $15,000 $18,000 Equity D Equity Method $210,000 $195,000 1. After adjusting the securities to Market Value, Gucci elects the Fair Value Option on all investments. An adjusting new journal is required to correct the first jnl. Prepare the new journal to reflect the change to the Fair Value Option