On January 1, 2025, Marin Company purchased 12% bonds having a maturity value of $312,000 for $335,654.22. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2025, and mature January 1, 2030, with interest received on January 1 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

2025: $333,600 2028: $322,000

2026: $320,900 2029: $312,000

2027: $320,000

\begin{tabular}{ll|} \hline 1,2025 Debt Investments & 335654.22 \\ \hline \end{tabular} Cash 335654.22 \begin{tabular}{ll|} \hline 31,2025 & Interest Receivable \\ \hline \end{tabular} Debt Investments 3874.58 Interest Revenue 33565.42 (To record interest received) 31,2025 Fair Value Adjustment \begin{tabular}{rr|} \hline 18834.7 \\ \hline \end{tabular} Unrealized Holding Gain or Loss - Equity \begin{tabular}{|r|} \hline 18834.7 \\ \hline \end{tabular} (To record fair value adjustment) 31,2026 Unrealized Holding Gain or Loss - Equity Fair Value Adjustment