Cullumber Company in its first year of operations provides the following information related to one of its available for-sale debt securities at December 31,2020 . (a) Your answer is correct. What is the amount of the credit loss that Cullumber should report on this available-for-sale security at December 31,2020 ? Amount of the credit loss Assume the same information as for part (c). Prepare the journal entry to record the credit loss, if necessary (and any other adjustment needed), at December 31, 2020. (Credit occount titles are outomatically indented when 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) Prepare the journal entry to record the credit loss, if any (and any other adjustment needed), at December 31, 2020. (Credit account titles are outomatically indented when 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. eTextbook and Media List of Accounts Attempts: 1 of 3 used Assume that the fair value of the available-for-sale security is $53,600 at December 31,2020 . instead of $40,600. What is the amoxint of the credit loss that Cullumber should report at December 31,2020 ? Amount of the creditloss