6. At December 31, 2017, the trading securities for Venuchi, Inc. are as follows. Security Cost $19,600 12,900 Fair Value A $18,000 15,000 19.900 $52,900 22,000 $54,500 000 Instructions 00.ce (a) Prepare the adjusting entry at December 31, 2017, to report the securities at fair value. (b) Show the balance sheet and income statement presentation at December 31, 2017, after adjustment to fair value. (c) In January of 2018, Venuchi sells Security A for $18,500. Prepare the journal entry. (d) In February of 2018, Venuchi sells Security B for $15,600. Prepare the journal entry. on olur Jud uoy le! () W Cormpuis the (Acio () Acceu ry Pro