On January 1, 2018, Burkett Corporation purchased, as a long-term investment, a $25,000,5% bond, for $21,595. At this time, the market rate of interest was approximately 7%. The bond pays interest on January 1 and July 1. On December 31, 2018, the fair value of the bonds was $23,950. What is the entry (if any) to record the fair value adjustment on December 31, 2018? Assume the adjusting entry for the interest accrual has already been recorded. 181 181 Long-Term Investments Unrealized Gain on Long-Term Investments Long-Term Investments Realized Gain on Long-Term Investments 216 216 No entry required. 216 Long-Term Investments Unrealized Gain on Long-Term Investments 216