Current Attempt in Progress Presented below is information taken from a bond investment amortization schedule with related fair values provided. These bonds are classified as available-for-sale. (a) Indicate whether the bonds were purchased at a discount or at a premium. (b) Prepare the adjusting entry to record the bonds at fair value at December 31, 2025. The Fair Value Adjustment account has a debit balance of $1,100 prior to adjustment. (c) Prepare the adjusting entry to record the bonds at fair value at December 31, 2026. (List ali debit entrles before credit entrils, Credit account titles are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account tities and enter O for the amounts.)