MA$-6($Static$)$ Determining Financial Statement Effects of Trading Securities Transactions LOA$-1$

On January $1,2024,$ Brian Company purchased at par $$800,000,6$ percent bonds issued by Laura Company to be actively traded. At December $31,2024,$ the bonds had a fair value of $$775,000.$ The bond investment was sold on July $1,2025,$ for $$802,000.$ Brian Company's fiscal year ends on December $31.$

Using the following categories, indicate the effects of the transactions listed above.

Note: Enter a positive value for an increase, negative value for a decrease, and zero for a net effect of zero.

$\backslash$table$[[$Transaction Date,Transaction,Balance Sheet,Income Statement$],[$Assets$,$Liabilities,$\backslash$table$[[$Stockholders$\text{'}],[$Equity$]],\backslash$table$[[\backslash$table$[[$Revenues$/],[$Gains$]]]],\backslash$table$[[$Expenses$/],[$Losses$]],$Net Income$],[$December $31,2024,$Record the trading securities at fair value,,,,,,$],[$July $01,2025,$Adjust to fair value,,,,,,$],[$July $01,2025,\backslash$table$[[$Reclassify the other comprehensive income$],[$balance$]],,,,,.,],[$July $01,2025,$Record the sale of the securities$,,,,,,]]$