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Valuing Available-for-Sale Securities at Fair Value On January 1, 2045, Valuation Allowance for Available-for-Sale Investments had a zero balance. On December 31, 2015, the cost

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Valuing Available-for-Sale Securities at Fair Value On January 1, 2045, Valuation Allowance for Available-for-Sale Investments had a zero balance. On December 31, 2015, the cost of the available-for-sale securities was $76,500, and the fair value was $78,590 Prepare the adjusting entry to record the unrealized gain or loss on available for sale investments on December 31, 2015, 2015 Dec 31

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