Loreal$-$American Corporation purchased several marketable securities during $2024.$ At December $31,2024,$ the company had the investments in bonds listed below. None was held at the last reporting date, December $31,2023,$ and all are considered securities available$-$for$-$sale. CostFair ValueUnrealized Holding Gain $($Loss$)$Short term: Blair, Incorporated$ $480,000$$ $405,000$$ $(75,000)$ANC Corporation$450,000480,00030,000$Totals$ $930,000$$ $885,000$$ $(45,000)$Long term: Drake Corporation$ $480,000$$ $560,000$$ $80,000$Aaron Industries$720,000660,000(60,000)$Totals$ $1,200,000$$ $1,220,000$$ $20,000$Required:Prepare appropriate adjusting entry at December $31,2024.$What amount would be reported in the income statement at December $31,2024,$ as a result of the adjusting entry