Loreal-American Corporation purchased several marketable securities during 2018. At December 31, 2018, the company had the investments in bonds listed below. None was held at the last reporting date, December 31, 2017, and all are considered securities available-for-sale. Cont Fair Value Unrealized Holding Gain (Loss) $ $ Short term: Blair, Inc. ANC Corporation Totals Long term: Drake Corporation Aaron Industries 480,000 450,000 930,000 405,000 480,000 885,000 $ $175,000) 30,000 $(45,000) $ $ 480,000 720,000 $1,200,000 $ 560,000 660,000 $1,220,000 Totals $ 80,000 160.000) $ 20,000 Required: 1. Prepare appropriate adjusting entries at December 31, 2018. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for December 31, 2018 Note: Enter debits before credits