"As of 12/31/2019 the Available for Sale Equity Investments have a fair value of $385,000 and the fair value of the Available for Sale Debt Investments have a fair value of $110,000. Due to the market conditions, the company does not plan on selling the assets in 2020, but their intent is to sell at some point in time. You can ignore the tax effect on unrealized gains and losses. (Hint: Unrealized Gains and Losses OCI are closed to Accumulated Other Comprehensive Income at the end of the year.)"

What would be the adjusting journal entry for the end of the year?

Available for Sale Debt Investments Available for Sale Equity Investments 100,000 400,000