On May 2 of the current year, Bouden Associates acquired an equity investment in a start-up company, Samson Enterprises, for $280,000. Bouden has significant influence over Samson Enterprises. Bouden elected to report its investment in Samson using the fair value option. Due to Samson Enterprises' tremendous growth opportunities and the efforts it put into development activities, the fair value of Bouden's investment at the end of the year increased to $495,000. Prepare the journal entry to record the investment using the fair value option.