On January 1, 2021, Gregorovitch Company purchased $942,000 of 10% bonds at face value. The bond market value was $986,000 on December 31, 2021. Prepare the appropriate journal entry on December 31, 2021, 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