On January 1, 2020, Coronado Company purchased $410,000, 8% bonds of Aguirre Co. for $378,339. The bonds were purchased to yield 10% interest. Interest is payable semiannually on July 1 and January 1. The bonds mature on January 1, 2025. Coronado Company uses the effective-interest method to amortize discount or premium. On January 1, 2022, Coronado Company sold the bonds for $380,070 after receiving interest to meet its liquidity needs.(d) If the fair value of Aguirre bonds is $382,070 on December 31, 2021, prepare the necessary adjusting entry. (Assume the fair value adjustment balance on December 31, 2020, is a debit of $3,089.)