At December 31,Synthetics Held Unoteq Corp

At December 31,Synthetics held Unoteq Corp.bonds with a cost of $180,000 and a fair value of $142,955.As well,they held 1,500 Interatics Corp.common shares with a cost of $50,000 and a fair value of $42,955.Both of these investments were classified as short-term investments.Prepare the journal entry to record the adjustment required to reflect the fair value of the investments as of December 31.
$\begin{array}{|l|r|r|r|}\hline & \text { Cost } & \text { Fair Value } & \text { Difference } \\\hline \text { Unoteq } & \$ 180,000 & \$ 142,955 & 37,045 \\\hline \text { Interatics } & 55,000 & \$ 42,225 & (12,775) \\\hline \text { Totals } & \$ 235,000 & \$ 185,180 & \$ 24,270 \\\hline\end{array}$