On January 1, 2018, Hoosier Company purchased $948,000 of 10% bonds at face value. The bond market value was $989,000 on December 31, 2018. Required: Prepare the appropriate Journal entry on December 31, 2018, to properly value the bonds assuming the bonds are classified as: (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.) 1. Trading securities. 2. Securities available for sale. 3. Held-to-maturity securities. View transaction list View journal entry worksheet No Transaction Credit General Journal Fair value adjustment Unrealized holding gain-NI Debit 41,000 41,000 1,000 Fair value adjustment Unrealized holding gain-oci 41.000 3 3 No journal entry required