Loreal-American Corporation purchased several marketable securitles during 2024. At December 31,2024 , the company had the Investments in bonds IIsted below. None was held at the last reporting date, December 31, 2023, and all are considered securities avallable-for-sale. Required: 1. Prepare approprlate adjusting entry at December 31, 2024. 2. What amount would be reported in the income statement at December 31,2024 , as a result of the adjusting entry? Complete this question by entering your answers in the tabs below. Prepare appropriate adjusting entry at December 31, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the adjusting entry for December 31, 2024. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. What amount would be reported in the income statement at December 31,2024 , as a result of the adjusting entry? Note: Leave no cells blank - be certain to enter 0wherever required