On December $31,$ Lujack Company held the following short$-$term available$-$for$-$sale securities$.$ Lujack had no short$-$term investments prior to the current period.

Prepare the December $31$ year$-$end adjusting entry to record the fair value adjustment for these debt securities$.$

Complete this question by entering your answers in the tabs below.

Fair Value

Adjustment

Computation of fair value adjustment.

$\backslash$table$[[$Computation of Fair Value Adjustment$],[$Available$-$for$-$Sale Securities,Cost,Fair Value,$\backslash$table$[[$Unrealized$],[$Amount$]],$Gain or Loss?$],[$Nintendo Company notes,$$70,400,$$$76,736,,],[$Atlantic bonds,$28,160,26,189,,],[$Kellogg Company notes,$50,688,47,647,,],[$McDonald$\text{'}$s Corporation bonds,$95,040,90,288,,],[$Totals$,$$$244,288,$$$240,860,,]]$