Exercise 16-11 At December 31, 2017, the available-for-sale securities for Storrer, Inc. are as follows. The securities are considered to be a long-term investment. Security Cost Fair Value A $17,900 $15,600 B 12,100 13,600 C 22,500 19,400 $52,500 $48,600 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.)

Show the statement presentation at December 31, 2017, after adjustment to fair value.