Firestone Grill, Inc. periodically invests its idle cash in highly liquid, marketable bonds that trade on recognized exchanges. On Jan 1, 2020, Firestone purchased $100,000 of Hearst-Argyle, Inc's bonds for $93,790.

The Hearst-Argyle bonds pay 10% interest and were purchased when the market rate of interest was 12% for similar risk and maturity.

Interest is payable semiannually on Jun 30 and Dec 31, and the bonds mature in four years from the purchase date.

Firestone utilizes the "effective interest method". Firestone may or may not sell these bonds, depending on Firestone's internal cash needs.

At Dec 31, 2021, the Hearst-Argyle bond is trading at 96, meaning Fair Value is $96,000.

Question: At Dec 31, 2021 and based upon the investment's fair value, how much is Firestone's fair value adjustment to be recorded in a journal entry:

Hint: Firestone has been recording all proper journal entries per the bond's amortization table through this date.