he following selected transactions relate to investment activities of Ornamental Insulation Corporation during $2024.$ The company suys debt securities$,$ not intending to profit from short$-$term differences in price and not necessarily to hold debt securities to maturity, ut to have them available for sale in years when circumstances warrant. Ornamental's fiscal year ends on December $31.$ No $7$vestments were held by Ornamental on December $31,2023.$

March $31$ Acquired $8\%$ Distribution Transformers Corporation bonds costing $$420,000$ at face value.

September $1$ Acquired $$930,000$ of American Instruments' $10\%$ bonds at face value.

eptember $30$ Received semiannual interest payment on the Distribution Transformers bonds.

October $2$ Sold the Distribution Transformers bonds for $$447,000.$

November $1$ Purchased $$1,420,000$ of MSD Corporation $6\%$ bonds at face value.

December $31$ Recorded any necessary adjusting entry$($s$)$ relating to the investments. The market prices of the investments are:

$\backslash$table$[[$American Instruments bonds,$$878,000$