15-3A Shaq Security, Which began operations in 2011, invests in long- term available-for-sale securities. Following is a series of transactions and events determining its long-term investment activity. 2011 Jan. 20 Purchased 900 shares of Johnson & Johnson at $18.75 per share plus $590 commission. Feb. 9 Purchased 2,200 shares of Sony at $46.88 per share plus a $2,578 commission. June. 12 Purchased 500 shares of Mattel at $55.50 per share plus an $832 commission. Dec. 31 Per share fair values for stocks in the portfolio are Johnson & Johnson, $20.38; Mattel, $57.25; Sony, $39. 2012 Apr. 15 Sold 900 shares of Johnson & Johnson at $21.75 per share less a $685 commission. July. 5 Sold 500 shares of Mattel at $49.13 per share less a $491 commission. July. 22 Purchased 1,600 shares of Sara Lee at $36.25 per share plus a $1,740 commission. Aug. 19 Purchased 1,800 shares of Eastman Kodak at $28 per share plus a $1,260 commission. Dec. 31 Per share fair values for stocks in the portfolio are: Kodak, $31.75; Sara Lee, $30.00; Sony, $36.50. 2013 Feb. 27 Purchased 3,400 shares of Microsoft at $23.63 per share plus a $1,606 commission. June. 21 Sold 2,200 shares of Shares of Sony at $40.00 per share less a $2,640 commission. June. 30 Purchased 1,200 shares of Black & Decker at $47.50 per share plus a $1,995 commission. Aug. 3 Sold 1,600 shares of Sara Lee at $31.25 per share less a $1,750 commission. Nov. 1 Sold 1,800 shares of Eastman Kodak at $42.75 per share less a $2,309 commission. Dec. 31 Per share fair values for stocks in the portfolio are: Black & Decker, $56.50; Microsoft, $28. Required 1. Prepare journal entries to record these transactions and events and any year-end fair value Adjustments to the portfolio of long-term available-for-sale securities. 2. Prepare a table that summarizes the (a) total cost, (b) total fair value adjustment, and (c) Total fair value of the portfolio of long-term available-for-sale securities at each year-end. 3. Prepare a table that summarizes (a) the realized gains and losses and (b) the unrealized gains losses for the portfolio of long-term available-for-sale securities at each year-end