Brooks Co. purchases various investments in trading securities at a cost of $58.000 on December 27, 2017. (This is its first and only purchase of such securities.) At December 31, 2017, these securities had a fair value of $75,000 1. & 3. Prepare the December 31, 2017 year-end adjusting entry for the trading securities portfolio and the January 3, 2018, entry when Brooks sells a portion of its trading securities that had originally cost $29.000) for $33,250. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction line Journal entry worksheet Record the fair vale adjustment for the securities at December 31, 2017. Note: Esta es before credits Date General Journal Debil Credit Dec 31, 2017