Required information [The following information applies to the questions displayed below] On December 31, Reggit Company held the following short-term investments in its portfolio of available-for- sale debt securities. Reggit had no short-term investments in its prior accounting periods. Available-for-Sale Securities Coat Fair Value Verrizano Corporation bonds $ 6 0 , 000 $ 53 , BOO Preble Corporation notes 4 1 , 000 36 . 490 Lucerne Company bonds 5 6 . 000 53 , 760 Prepare the December 31 adjusting entry to report these investments at fair value. Complete this question by entering your answers in the tabs below. Fair Value General Adjustment Journal Prepare the December 31 adjusting entry to report these investments at fair value. View transaction list Journal entry worksheet