At December 31, 2020, the trading debt securities for Storrer, E16.10 (LO 3) Financial Statement Inc. are as follows. Prepare adjo fair value, a presentation Exc Security A B Cost $17,500 12,500 23,000 $53,000 Fair Value $16,000 14,000 21,000 $51.000 Instructions a. Prepare the adjusting entry at December 31, 2020, to report the securities at fair value. 1. Show the balance sheet and income statement presentation at December 31, 2020, after adjustment to fair value