Exercise 12-9 (Algo) Securities available-for-sale; adjusting entries; financial statement effects [LO12-4] Loreal-American Corporation purchased several marketable securities during 2024. At December 31,2024 , the company had the investments in bonds listed below. None was held at the last reporting date, December 31,2023 , and all are considered securities available-for-sale. Required: 1. Prepare appropriate adjusting entry at December 31,2024 . 2. What amount would be reported in the income statement at December 31,2024 , as a result of the adjusting entry? Complete this question by entering your answers in the tabs below. Prepare appropriate adjusting entry at December 31, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field