CNGER eBook Brief Exercise 12-7 (Algo) Available-for-sale securities [LO12-4) 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 $510,000. At the end of 2021, their fair value was $622.000 and their amortized cost was $520,000 At the end of 2022, their fair value was $612,500 and their amortized cost was $530,000 At what amount will the investment be reported in the December 31, 2022, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)? Complete this question by entering your answers in the tabs below. Balance Sheet General Journal At what amount will the investment be reported in the December 31, 2022, balance sheet? Investment General Journal > LIST Journal entry worksheet Record the adjusting entry to report the correct amount on this year's balance sheet. Note: Enter debits before credits. General Journal Debit Credit Date December 31 2022 Record entry Clear entry View general journal