Check my v Required information [The following information applies to the questions displayed below.) Stoll Co.'s long-term available-for-sale portfolio at the start of this year consists of the following. Available-for-Sale Securities Company A bonds Company B notes Company C bonds Cost $530,800 159,470 661,900 Fair Value $494,000 152,000 647,730 Stoll enters into the following transactions involving its available-for-sale debt securities this year. Jan. 29 Sold one-half of the Company B notes for $78,810. July 6 Purchased bonds of Company X for $124,000. Nov. 13 Purchased notes of Company z for $267,100. Dec. 9 Sold all of the bonds of Company A for $517,200. The fair values at December 31 are B. $85,000; C. $604,500; X $119,000; and Z. $279.000 Required: 1. Prepare journal entries to record these transactions, including the December 31 adjusting entry to record the fair value adjustment for the long-term investments in available-for-sale securities. 2. Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available for sale securities. Complete this question by entering vour answers in the tabs below. Required information the long-term investments in available-for-sale securities. View transaction list Journal entry worksheet 1 2 3 4 5 Sold one-half of the notes Company B for $78,810. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 29 Record entry Clear entry View general journal Prev 1 2 of 6 Next > Determine the amount Stoll reports on its December 31 balance sheet for its long-term investments in available-for-sale securities Fair Value Adjustment Computation Available-for-Sale Securities December 31 AFS Securities 14 Cost Fair Value Unrealized Amount Total $ 0 s Prev 1 2 of 6 Next > es COS Company A bonds Company B notes Company C bonds $530,800 159,470 661,900 Fair value $494,000 152,000 647,730 Stoll enters into the following transactions involving its available-for-sale debt securities this yea Jan. 29 Sold one-half of the Company B notes for $78,810. July 6 Purchased bonds of Company X for $124,000. Nov. 13 Purchased notes of Company z for $267,100. Dec. 9 Sold all of the bonds of Company A for $517,200. The fair values at December 31 are B, $85,000; C. $604,500; X. $119,000; and Z. $279,000. What amount of gains or losses on transactions relating to long-term investments in available-for-s oll report on its income statement for this year