Brief Exercise 12-5 Available-for-sale securities (LO12-4] S&L Financial buys and sells securities which it classifies as available-for-sale. On December 27, 2018, S&L purchased Coca-Cola bonds at par for $892,000 and sold the bonds on January 3, 2019, for $895,500. At December 31, the bonds had a fair value of $889,000, and S&L has the intent and ability to hold the investment until fair value recovers. Prepare journal entries to record (a) any unrealized gains or losses occurring in 2018 and (b) the sale of the bonds in 2019, including recognition of any unrealized gains in 2019 prior to sale and reclassification of amounts out of OCI. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Debit Credit No | 1 Date General Journal December 31, 201 Unrealized holding lossOCI Fair value adjustment 889,000 895,500 X | 2 3,000 $ January 03, 2019 Fair value adjustment Unrealized holding gainOCI 3,000 X 3 $ 895,500 January 03, 2019 Unrealized holding gainOCI Fair value adjustment 895,500 X January 03, 2019 Cash Gain on sale of investments Investment in Coca-Cola bonds 890,000 2,000 892,000