Current Attempt in Progress Headland 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 Amortized cost Fair value Expected credit losses $51.500 43,000 12,800 What is the amount of the credit loss that Headland should report on this available for sale security at December 31, 2020? Amount of the credit loss $ e Textbook and Media Assistance Used Prepare the journal entry to record the credit loss, if any (and any other adjustment needed), at December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit December 31, 2020 e Textbook and Media List of Accounts Assume that the fair value of the available-for-sale security is $56,000 at December 31, 2020, instead of $43,000. What is the amount of the credit loss that Headland should report 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 account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Account Titles and Explanation Debit Credit December 31 2020 eTextbook and Media