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 $530,000. At the end of 2018, their fair value was $646,000 and their amortized cost was $540,000. At the end of 2019, their fair value was $637,500 and their amortized cost was $550,000. At what amount will the investment be reported in the December 31, 2019, balance sheet? What adjusting entry is required to accomplish this objective (ignore interest)?