On January 1, 2024, Hoosier Company purchased $926,000 of 10% bonds at face value. The bond market value was $978,000 on December 31, 2024. Required: Prepare the appropriate journal entry on December 31, 2024, to properly value the bonds assuming the bonds are classified as: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Trading securities. Available-for-sale securities. Held-to-maturity securities. PrevQuestion 5 of 5 Total5 of 5Visit question mapThis is the last question in the assignment. To submit, use Alt + S. To access other questions, proceed to the question map button.Next