In March, 2022, the company invested $120,000 in stock of a start-up company. As of December 31,

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In March, 2022, the company invested $120,000 in stock of a start-up company. As of December 31, 2022, the investment's fair value is $170,000” the company has investments available for sale debited for $120,000 and will create a comprehensive income statement.

Record the adjusting entry.