[The following information applies to the questions displayed below.] Kitty Company began operations in the current year and acquired short-term debt investments in trading securities. The year-end cost and fair values for its portfolio of these debt investments follow.

Portfolio of Trading Securities			Cost				Fair Value
	Tesla Bonds			$	12,900			$	9,675
	Nike Bonds				21,200				22,260
	Ford Bonds				5,300				4,240

Prepare journal entry to record the December 31 year-end fair value adjustment for the debt securities.