For several years Fister Links Products has held Microsoft bonds, considered by the company to be securities available-for-sale. The bonds were acquired at a cost of $650,000. At the end of 2021, their fair value was $790,000 and their amortized cost was $660,000. At the end of 2022, their fair value was $787,500 and their amortized cost was $670,000. At what amount will the investment be reported in the December 31, 2022, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)