The following information is available for ABC Corporation at 12/31/14 regarding its investments in stocks of other companies.
Securities Cost Fair Value
2,200 shares of Toyota Corporation Common Stock $100,000 $116,000
1,100 shares of G.M. Corporation Common Stock $67,000 $84,000
= $167,000 $200,000
Prepare the adjusting entry (if any) for 2014, assuming the securities are classified as trading.