Assume that for several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-for-sale. The bonds were acquired at a cost of $580,000. At the end of 2024, their fair value was $706,000 and their amortized cost was $590,000. At the end of 2025, their fair value was $700,000 and their amortized cost was $600,000.

At what amount will the investment be reported in the December 31, 2025, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)?