On January 1, 2020, Marin Company purchased 6% bonds, having a maturity value of $550,000 for $475,253. The bonds provide the bondholders with a 8% yield. They are dated January 1, 2020, and mature January 1, 2027, with interest paid on June 30 and December 31 of each year. Marin Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.

2020		$476,000		2023		$496,000
2021		$471,000		2024		$516,000
2022		$466,000

(b)		Prepare the journal entries to record the recognition of fair value for 2020.
(c)		Prepare the journal entry to record the recognition of fair value for 2021.

I already tried, the entry to record fair value for both 2020 and 2021 are neither

Unrealized Holding Gain or Loss - Equity

Fair Value Adjustment

nor Unrealized Holding Gain or Loss - Equity

Debt Investments