Problem $4$

Allegro$-$American Compration purchased several matretable securities during $2025.$ At

December $31,2025,$ the company hetd the fotlowing investments in bonds. None of these

securities were held at the last reporting date, December $31,2024,$ and all are classified as

available$-$for$-$sale securitics$.$

Prepare appropriate adjusting entry at December $31,2025.$

$$

What amount would be reported in the income statement at December $31,2025,$ as a result of

the adjusting entry?