On January $1,2010,$ Valuation Allowance on Available$-$for$-$Sale Securities had a debit balance of $$4,000.$ On December $31,2010,$ the cost of the available$-$forsale securities was $$90,000$ and the fair value was $$92,500.$

Instructions: Prepare the adjusting entry to record the unrealized gain or loss for available$-$for$-$sale securities on December $31,2010.$

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