Riley Company Has a Credit Balance of $44,000 in Its

Riley Company has a credit balance of $44,000 in its Allowance to Adjust Long-Term Investments to Market account at the end of the year,before adjustment.Its investment portfolio has a total cost of $300,000 and a market value of $264,000 at December 31,a balance sheet date.The year-end adjustment entry that would be recorded in the books of Riley Company is:

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D)