Cost and fair value data for the trading securities of Beltway Company at December 31, 2022, are $100,000 and $88,000, respectively.Which of the following correctly presents the adjusting journal entry to record the securities at fair value? 
Definitions:
Hindsight Bias
The tendency to perceive events as having been predictable after they have already occurred.
Exaggerate
To describe something in a way that makes it seem larger, better, worse, or more important than it actually is.
Foresight
The ability to anticipate future events, needs, or problems and prepare for them.
Outcome
The result or effect of an action, situation, or event.
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