The Following Information Is Available for Clooney Corporation's Available-For-Sale Securities
The following information is available for Clooney Corporation's available-for-sale securities at December 31, 2010. 
Instructions
Prepare the adjusting entry to record the securities at fair value at December 31, 2010.
Definitions:
Return on Assets
A financial ratio that indicates how profitable a company is relative to its total assets, measuring efficiency in using assets to generate earnings.
Annual Sales
The total revenue a company generates from its operations over the course of a single fiscal year.
Total Debt
The sum of all liabilities and obligations owed by an entity, both short-term and long-term.
Total Equity
The total net value of a company, calculated by subtracting total liabilities from total assets, representing the owners' claim on company assets.
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