Bloom Corporation purchased $1,650,000 of Taylor Company 5% bonds at par and classifies their investment as AFS. Unfortunately, a combination of problems at Taylor Company and in the debt market caused the fair value of the Taylor investment to decline to $1,120,000 during 2018. Consider each of the following as independent situation.

Bloom does not plan to sell the Taylor bonds prior to maturity, and does not believe it is more likely than not that it will have to sell the Taylor bonds before the bonds have a chance to recover their fair value. Of the $530,000 decline in fair value, Bloom attributes $315,000 to credit losses, and $215,000 to noncredit losses.

Prepare appropriate entry(s) at December 31, 2018. Assume that, at the end of 2017, Bloom had recorded a temporary unrealized loss (not an OTT impairment) of $132,500 on the Taylor investment.

I know that the accounts are correct, I am just unsure of what numbers will go into the following Journal entries

Debit No Event General Journal Credit Other-than-temporary impairment losS-NI 530,000 530,000 Discount on bond investment 2 Fair value adjustment Reclassification adjustment-oci 1b 315,000 Other-than-temporary impairment losS-NI 315,000 Discount on bond investment 215,000 4 2b Other-than-temporary impairment losS-OCI 215,000 Fair value adjustment Fair value adjustment Reclassification adjustment-oci Debit No Event General Journal Credit Other-than-temporary impairment losS-NI 530,000 530,000 Discount on bond investment 2 Fair value adjustment Reclassification adjustment-oci 1b 315,000 Other-than-temporary impairment losS-NI 315,000 Discount on bond investment 215,000 4 2b Other-than-temporary impairment losS-OCI 215,000 Fair value adjustment Fair value adjustment Reclassification adjustment-oci