Required information Use the following information for the Quick Study below. (Algo) {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. Trading Securities Coat Fair Value Tesla Bonds $ 13,800 $ 10,350 22,400 23,520 Ford Bonds 5,600 4,480 Nike Bonds QS 15-4 (Algo) Fair value adjustment to a portfolio of trading securities LO P1 Prepare the Journal entry to record the December 31 year-end fair value adjustment for these debt securities, View transaction list Journal entry worksheet