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In its first year of operations, Marigold Corp. purchased available-for-sale debt securities costing $66,000 as a long-term investmen At December 31,2022 , the fair value

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In its first year of operations, Marigold Corp. purchased available-for-sale debt securities costing $66,000 as a long-term investmen At December 31,2022 , the fair value of the securities is $62,700. Prepare the adjusting entry to record the securities at fair value. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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