On January $1,2020,$ Thackeray Company purchased $5\%$ bonds having a maturity value

of $$200,000$ for $$216,221\mathrm{.}79.$ The bonds provide the bondholders with a $4\%$ yield. They

are dated January $1,2020,$ and mature December $31,2029,$ with interest receivable

annually on December $31$ of each year. Thackeray Company uses the effective$-$interest

method to allocate unamortized discount or premium and classifies the bonds as trading

securities$.$ As of December $31,2020$ the bonds have a fair $($market$)$ value of $$214,000.$

What adjusting journal entry $($if any$)$ should Thackeray Company record to adjust the

value of the bonds to their fair value as of December $31,2020?$