9. On August 20, 2024, Macak, Co. decides to invest excess cash of $3,000 by purchasing Desert, Inc. bonds. At year-end, December 31, 2024, the market price of the bonds was $2,400. The investment is categorized as available-for-sale debt. Journalize the adjusting entry needed at December 31, 2024. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts and Explanation Debit Credit Date 2024 Dec. 31