Fult Value Journal Entries, Available-for-Sale Investments The investments of Steelers Inc. include a single investment: $400,000 of Bengals Inc. 5% bonds purchased at 100 on January 1, 2017. These bonds were classified as available-for-sale securities. As of the December 31, 2017, balance sheet date, the fair value of the bonds declined to $392,800 a. Journalize the entries to acquire the investment on January 1, 2017, and record the adjustment to fair value on December 31, 2017. If an amount box does not require an entry, leave it blank: 2017 Jan. 1 II II II OD 2017 Dec. 31 b. How is the unrealized gain or loss for available-for-sale investments disclosed on the financial statements? Unrealized Gain (Loss) on Available-for-Sale Investments is reported in the of the