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Assume that for several years Fister Links Products has held Microsoft bonds, considered by the company to be securities avallablefor-sale, The bonds were acquired at

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Assume that for several years Fister Links Products has held Microsoft bonds, considered by the company to be securities avallablefor-sale, The bonds were acquired at a cost of $510,000. At the end of 2024, their fair value was $622,000 and their amortized cost was $20,000. At the end of 2025 , their fair value was $612,500 and their amortized cost was $530,000. At what amount will the irvestment be reported in the December 31,2025 , balance sheet? What adjusting entry is required to accomplish this objective (lignore interest)? Complete this question by entering your answers in the tabs below. At what amount will the eported in the December 31,2025 , balance sheet? Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld. Journal entry worksheet Record the adjusting entry to report the correct amount on this year's balance sheet. Note: Enter debits before credits

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