For several years Fister Links Products has held shares of Microsoft common stock, considered by the company to be securities available-for-sale. The shares were acquired at a cost of $550,000. Their fair value last year was $670,000 and is $732,500 this year. At what amount will the investment be reported in this year's balance sheet? What adjusting entry is required to accomplish this objective? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)