At December 31, 2022, available-for-sale debt securities for Cullumber, Inc. are as follows. The securities are considered to be a long- term investment. Security A B C Total Cost $19,219 12,770 22,190 $54,179 Fair Value $15,990 14,036 16,950 $46,976

At December 31, 2022, available-for-sale debt securities for Cullumber, Inc. are as follows. The securities are considered to be a long. term investment. Prepare the adjusting entry at December 31, 2022, to report the securities at fair value. (Credit account titles are automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)