On January 1, 20Y7, Valuation Allowance for Available-for-Sale Investments had a zero balance. On December 31,20Y7, the cost of the available-for-sale securities was $108,000, and the fair value was $110,950. ournalize the adjusting entry to record the unrealized gain or loss on available-for-sale investments on December 31 . If an amount box does not require an entry, leave it blank. Dec. 31