Current Artempt in Progess

At December $31,2025,$ Sandhill Company has a portfolio of equity securities valued at $$148000,$ Its cost was $$124000.$ If the Fair Valur Adjustment hav a debit balance of $$7600,$ which of the following journal entries is required at December $31,2025?$

$0$

$\backslash$table$[[\backslash$table$[[$Unrealized Holding Gain or Loss$-$Income$],[$Fair Value Adjustment$]],24000,24000],[$Fair Value Adjustment,$16400,],[$Unrealized Holding Gain or Loss$-$Income,$16400,]]$

$$ Unrealized Holding Gain or Loss$-$lncome

Fair Value Adjustment

$$ Fair Value Adjustment

$24000$

Unrealized Holding Gain or Loss$-$Income

$24000$