Carla Vista Corporation has an investment in corporate bonds classified as available-for-sale at December 31, 2025. These bonds have a par value of $430,000, an amortized cost of $430,000, and a fair value of $353,000. The company believes that impairment accounting is now appropriate for these bonds because the expected credit loss on the bonds is $92,000. (a) Your answer is incorrect. Prepare the journal entry to recognize the impairment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Account Titles and Explanation Debit Credit