Exercise 17-10 At December 31, 2017, the available-for-sale debt portfolio for Culver, Inc. is as follows Unrealized Gain (Loss) Security Cost Fair Value $98,250 (16,375) $114,625 81,875 150,650 $347,150 9,825 16,375 9,825 2,620 $7,205 91,700 167,025 Total $356,975 Previous fair value adjustment balance-Dr Fair value adjustment-Dr. On January 20, 2018, Culver, Inc. sold security A for $98,905. The sale proceeds are net of brokerage fees. Culverinc. reports 18. net income in 2017 of $786,000 and in 2018 of $917,000. Total holding gains (including any realized holding gain or loss) equal $262,000 in 20