At December 31, 2017, the available-for-sale securities for Storrer, Inc. are as follows. They have the same cost and fair value. The securities are considered to be a long-term investment.

Security Cost Fair Value

A $17,200 $16,100

B 13,000 13,600

C 23,200 18,600

$53,400 $48,300

Prepare the adjusting entry at December 31, 2017, to report the securities at fair value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation Debit Credit

Dec. 31

Show the statement presentation at December 31, 2017, after adjustment to fair value. (Enter account name only and do not provide descriptive information.)